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Lululemon Athletica's 4Q16 Earnings: What You Can Expect

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Lululemon Athletica's 4Q16 Earnings: What You Can Expect PART 1 OF 5

Lululemon Athletica’s 4Q16 Earnings: What You Can Expect

Lululemon Athletica’s 4Q16 earnings preview

Lululemon Athletica (LULU) is slated to release its results for the fourth quarter and 2016 overall on Wednesday, March 29.

Wall Street expects an 18.8% YoY (year-over-year) increase in Lululemon’s 4Q16 earnings to $1.01 per share on total sales of $783.5 million.

Lululemon Athletica&#8217;s 4Q16 Earnings: What You Can Expect

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The company’s earnings per share rose 11.7% in 9M16 (the first nine months of 2016) to $1.15. Total sales rose 14.6% YoY to $1.55 billion during the period.

About Lululemon Athletica

 

The company has a market capitalization of $8.75 billion (as of March 17, 2017).

ETF investors seeking to add exposure to LULU can consider the iShares Edge MSCI Multifactor Consumer Discretionary ETF (CNDF), which invests 1.5% of its portfolio in LULU.

Valuations update and stock recommendation

Lululemon’s stock is currently trading at a one-year forward price-to-earnings ratio of 26.5x versus 47x for Under Armour (UAA), 23.8x for Nike (NKE), and 20.5x for Columbia Sportswear (COLM).

The average 12-month price target from the 35 analysts covering LULU is $73.81, indicating an upside of ~16% over the next one-year period.

Of the 35 analysts, 18 have recommended a “buy” on the stock, 15 have recommended a “hold,” and two analysts have recommended selling the stock.

This series

In this series, we’ll look at Lululemon’s year-to-date performance and provide a view of its expected performance in 4Q16. Towards the end, we’ll briefly touch upon the company’s stock market performance and Wall Street recommendations.

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