Will LULU stock price crash According to our analysis, this will not happen. We believe its e-commerce operating margins can hold around 42 to 43. “It remains to be seen what the financial implications of the pandemic will be, but it seems reasonable to assume the audience of people willing to buy high-priced clothing is not going to get larger,” Siegel said. is engaged in the design, distribution, and retail of technical athletic. The LULU (LULU ) future stock price will be 505.077 USD. LULU Stock Bulls Say Lululemon’s online sales increased to 3.7 billion in 2022 from less than 100 million in 2010. “When people are working in groups, fashion plays a stronger role, but at home comfort is king.” And right now, people are making purchases in athleisure wear to “recalibrate to their current new norm.” But, do people need to buy more or less fashionable athleisure? Is there a need to have multiple outfits to sit at your desk, home alone? These are among the things Siegel wonders. Stock prices today are dominated by themes, he said in an interview. Meanwhile, many of the company’s physical stores remain closed in North America, with some markets beginning to reopen in accordance with local government mandates.īMO Capital Markets analyst Simeon Siegel agreed Lululemon is an “at-home Covid winner.” But he questioned what that will mean longer term and said the potential risks are not being priced into the stock currently. Before the pandemic, Lululemon’s online sales rose 35% in its last full year, and Anderson expects the growth to have accelerated further this quarter.
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