79.45 -0.25 (-0.31%)
After hours: 4:37PM EST
|Bid||79.01 x 300|
|Ask||79.95 x 300|
|Day's range||78.53 - 79.93|
|52-week range||47.26 - 81.92|
|PE ratio (TTM)||39.59|
|Earnings date||27 Mar 2018 - 2 Apr 2018|
|Forward dividend & yield||N/A (N/A)|
|1y target est||82.61|
Under Armour (UAA) was among the worst-performing stocks in the S&P 500 Index in 2017. UAA’s total sales have grown 4.8% over the last 12 months. A lack of innovative footwear and increased competitive pressures hit UAA’s sales and margins hard.
Improved economic scenario with a low unemployment rate resulted in sturdiest holiday sales growth since the end of the Great Recession.
Under Armour (UAA) stock fell 50.0% during 2017, making it among the worst-performing stocks in the S&P 500 Index for the year. In comparison, competitors Nike (NKE), Lululemon Athletica (LULU), and Columbia Sportswear (COLM) closed the year with gains exceeding 20.0%. Under Armour (UAA) started 2018 on a positive note and surged more than 10.0% in the first three trading days of the new year.
Lululemon (LULU) remains on track with its strategy for 2020 and remodeling of its ivivva brand. However, intense competition continues to hurt margins.
As we discussed already in this three-part series, Lululemon Athletica (LULU) recorded strong holiday sales recently, which prompted the company to raise guidance on January 8. Sportswear peers Nike (NKE) and Columbia Sportswear (COLM) also recorded solid gains in 2017. Lululemon’s price target was lifted by Stifel and Suntrust Robinson after the company raised guidance for the upcoming quarter.
Retailers had a great holiday season in 2017 with a 4.9% YoY (year-over-year) jump in holiday sales (excluding automobiles) between November 1 and December 24, 2017, according to MasterCard SpendingPulse. Holiday sales recorded the highest year-over-year increase in sales since 2011. Sales numbers outperformed the National Retail Federation’s projection of a 3.6%–4% jump (excluding automobiles, gasoline, and restaurants) and eMarketer’s forecast of a 3.1% rise.
Lululemon Athletica Inc. (LULU) revealed that the holiday season was better-than-expected driven by accelerating trends across all parts of its businesses. The company raised revenue and earnings guidance for the fourth quarter of fiscal 2017.
Kohl's said that holiday retail traffic was stronger than expected, while other retailers anticipate an overdue bump in revenue.
Shares of lululemon (LULU) are lower on Monday, losing earlier gains following its fourth-quarter guidance increase. The yoga apparel retailer said it expects to earn between $1.25 and $1.27 a share, up from a previous range of $1.19 to $1.22, and above the $1.22 guidance.
Shares of Lululemon Athletica Inc. were indicated up about 1.5% in premarket trade Monday, after the yoga-gear maker raised its fourth-quarter profit and revenue guidance ranges, citing accelerating trends ...
Zacks.com highlights: Lululemon Athletica, NVR, Marvell Technology Group, Pioneer Natural Resources and Community Bank System
The yoga apparel leader delivered a stellar quarterly performance, and offered refreshing guidance for the holiday quarter.
Lululemon Athletica shows improving price performance, earning an upgrade to its IBD Relative Strength Rating.
Ben Rains is joined by Zacks' resident retail expert Maddy Johnson to discuss the current state of sports retail. Topics range from Lululemon's recent success to how sportswear powers Adidas and Nike can adapt to the changing retail landscape.