AGF Management Ltd. has sold 3,438 shares of
Lululemon Athletica Inc. Meanwhile, analysts suggest LULU may be underperforming the Consumer Discretionary Sector. The company announced its
Fourth Quarter and Full Year Fiscal 2024 Earnings Conference Call, attracting heavy search attention from investors. Despite an 11% drop in the stock due to falling consumer sentiment, investors are waiting for the release of Q4 and full year results on March 27.
Wealthfront Advisers LLC and
Taika Capital LP have increased holdings, while Billionaires regard LULU as a worthwhile Canadian stock. Candriam S.C.A., M&T Bank Corp and E Fund Management Co. Ltd. have trimmed stock holdings. As LULU shares surge in Q4, it faces challenges from off-brand expansion and rising inventory levels. The company also lost a patent rights case against Nike. Despite skepticism, analysts rate LULU as a top luxury clothing stock with strong sales growth and market confidence. However, weak stock performance has been largely dismissed due to strong fundamentals. Finally, significant investments such as
Commerzbank Aktiengesellschaft and
Illinois Municipal Retirement Fund have reduced Lululemon positions.
Lululemon Athletica LULU News Analytics from Thu, 29 Aug 2024 07:00:00 GMT to Sat, 15 Mar 2025 20:09:04 GMT -
Rating -2
- Innovation 5
- Information -4
- Rumor -6
