Lululemon Athletica Stock (NASDAQ:LULU), Trade Ideas

Lululemon Athletica

Lululemon Athletica designs, distributes, and markets athletic apparel, footwear, and accessories for women, men, and girls. Lululemon offers pants, shorts, tops, and jackets for both leisure and athletic activities such as yoga and running. The company also sells fitness accessories, such as bags, yoga mats, and equipment. Lululemon sells its products through more than 700 company-owned stores in about 20 countries, e-commerce, outlets, and wholesale accounts. The company was founded in 1998 and is based in Vancouver, Canada.

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Director of Lululemon Purchases Shares After Large Drop – Insider Weekends

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The most oversold stocks in the consumer discretionary sector presents an opportunity to buy into undervalued companies.

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An Opportunity To Buy The Dip: Lululemon Athletica Shares Get Slapped After The Company Beats On Earnings And Revenue

Lululemon Athletica Inc

Lulu's Fashion Lounge Holdings, Inc. - Common Stock

Lulus Fashion Lounge Holdings Inc

Earnings

Lululemon Athletica Says Have Made Decision To Close One Of Co's Smaller Distribution Centers Located In Sumner, Washington At The End Of 2024; Optimization Will Result In Reduction Of Just Over 100 Positions Within Existing Sumner Distribution Center; Some Employees Will Be Retained And Will Be Relocated To Other Facilities, Including Distribution Center In Greater Los Angeles Area

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders often look for circumstances when the market estimation of an option diverges away from its normal worth. Abnormal amounts of trading activity could push option prices to hyperbolic or underperforming levels. 
Below are some instances of options activity happening in the Consumer Discretionary sector: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>TSLA</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>05/17/24</td>
<td>$150.00</td>
<td>$36.9K</td>
<td>39.0K</td>
<td>9.6K</td>
</tr>
<tr>
<td>RIVN</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$5.00</td>
<td>$423.7K</td>
<td>31.4K</td>
<td>6.7K</td>
</tr>
<tr>
<td>HIBB</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>05/17/24</td>
<td>$80.00</td>
<td>$46.8K</td>
<td>1.5K</td>
<td>1.8K</td>
</tr>
<tr>
<td>NIO</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>07/19/24</td>
<td>$4.00</td>
<td>$55.5K</td>
<td>8.6K</td>
<td>814</td>
</tr>
<tr>
<td>AMZN</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>08/16/24</td>
<td>$180.00</td>
<td>$31.5K</td>
<td>2.4K</td>
<td>531</td>
</tr>
<tr>
<td>SBUX</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>05/17/24</td>
<td>$85.00</td>
<td>$81.3K</td>
<td>2.5K</td>
<td>322</td>
</tr>
<tr>
<td>ULTA</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>04/26/24</td>
<td>$415.00</td>
<td>$65.3K</td>
<td>2</td>
<td>186</td>
</tr>
<tr>
<td>RRR</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>04/19/24</td>
<td>$49.00</td>
<td>$25.8K</td>
<td>689</td>
<td>117</td>
</tr>
<tr>
<td>LULU</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$220.00</td>
<td>$41.5K</td>
<td>1.1K</td>
<td>100</td>
</tr>
<tr>
<td>BKNG</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>03/21/25</td>
<td>$3300.00</td>
<td>$28.1K</td>
<td>21</td>
<td>17</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These bullet-by-bullet explanations have been constructed using the accompanying table. 
• Regarding TSLA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>), we observe a put option trade with bearish sentiment. It expires in 28 day(s) on May 17, 2024. Parties traded 36 contract(s) at a $150.00 strike. The total cost received by the writing party (or parties) was $36.9K, with a price of $1025.0 per contract. There were 39093 open contracts at this strike prior to today, and today 9662 contract(s) were bought and sold. 
• For RIVN (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RIVN#NASDAQ">RIVN</a>), we notice a put option sweep that happens to be bearish, expiring in 273 day(s) on January 17, 2025. This event was a transfer of 4871 contract(s) at a $5.00 strike. This particular put needed to be split into 23 different trades to become filled. The total cost received by the writing party (or parties) was $423.7K, with a price of $87.0 per contract. There were 31413 open contracts at this strike prior to today, and today 6707 contract(s) were bought and sold. 
• For HIBB (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HIBB#NASDAQ">HIBB</a>), we notice a call option trade that happens to be bullish, expiring in 28 day(s) on May 17, 2024. This event was a transfer of 390 contract(s) at a $80.00 strike. The total cost received by the writing party (or parties) was $46.8K, with a price of $120.0 per contract. There were 1559 open contracts at this strike prior to today, and today 1868 contract(s) were bought and sold. 
• For NIO (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NIO#NYSE">NIO</a>), we notice a put option sweep that happens to be bearish, expiring in 91 day(s) on July 19, 2024. This event was a transfer of 794 contract(s) at a $4.00 strike. This particular put needed to be split into 25 different trades to become filled. The total cost received by the writing party (or parties) was $55.5K, with a price of $70.0 per contract. There were 8626 open contracts at this strike prior to today, and today 814 contract(s) were bought and sold. 
• For AMZN (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>), we notice a call option trade that happens to be neutral, expiring in 119 day(s) on August 16, 2024. This event was a transfer of 25 contract(s) at a $180.00 strike. The total cost received by the writing party (or parties) was $31.5K, with a price of $1263.0 per contract. There were 2447 open contracts at this strike prior to today, and today 531 contract(s) were bought and sold. 
• Regarding SBUX (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SBUX#NASDAQ">SBUX</a>), we observe a call option sweep with bearish sentiment. It expires in 28 day(s) on May 17, 2024. Parties traded 173 contract(s) at a $85.00 strike. This particular call needed to be split into 6 different trades to become filled. The total cost received by the writing party (or parties) was $81.3K, with a price of $470.0 per contract. There were 2550 open contracts at this strike prior to today, and today 322 contract(s) were bought and sold. 
• For ULTA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ULTA#NASDAQ">ULTA</a>), we notice a call option trade that happens to be bullish, expiring in 7 day(s) on April 26, 2024. This event was a transfer of 99 contract(s) at a $415.00 strike. The total cost received by the writing party (or parties) was $65.3K, with a price of $660.0 per contract. There were 2 open contracts at this strike prior to today, and today 186 contract(s) were bought and sold. 
• For RRR (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RRR#NASDAQ">RRR</a>), we notice a call option sweep that happens to be bearish, is expiring today. Parties traded 30 contract(s) at a $49.00 strike. This particular call needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $25.8K, with a price of $860.0 per contract. There were 689 open contracts at this strike prior to today, and today 117 contract(s) were bought and sold. 
• For LULU (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LULU#NASDAQ">LULU</a>), we notice a put option trade that happens to be bearish, expiring in 273 day(s) on January 17, 2025. This event was a transfer of 100 contract(s) at a $220.00 strike. The total cost received by the writing party (or parties) was $41.5K, with a price of $415.0 per contract. There were 1170 open contracts at this strike prior to today, and today 100 contract(s) were bought and sold. 
• For BKNG (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BKNG#NASDAQ">BKNG</a>), we notice a put option trade that happens to be bearish, expiring in 336 day(s) on March 21, 2025. This event was a transfer of 1 contract(s) at a $3300.00 strike. The total cost received by the writing party (or parties) was $28.1K, with a price of $28120.0 per contract. There were 21 open contracts at this strike prior to today, and today 17 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more about unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Options

AMZN

BKNG

HIBB

RIVN

SBUX

TSLA

ULTA

10 Consumer Discretionary Stocks Whale Activity In Today's Session

Baird analyst Mark Altschwager maintains Lululemon Athletica (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LULU#NASDAQ">LULU</a>) with a Outperform and lowers the price target from $555 to $505.

Price Target

Analyst Ratings

Baird Maintains Outperform on Lululemon Athletica, Lowers Price Target to $505

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders often look for circumstances when the market estimation of an option diverges away from its normal worth. Abnormal amounts of trading activity could push option prices to hyperbolic or underperforming levels. 
Below are some instances of options activity happening in the Consumer Discretionary sector: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>TSLA</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>04/19/24</td>
<td>$150.00</td>
<td>$110.6K</td>
<td>13.1K</td>
<td>82.1K</td>
</tr>
<tr>
<td>XPEV</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>04/19/24</td>
<td>$8.00</td>
<td>$504.0K</td>
<td>12.5K</td>
<td>6.0K</td>
</tr>
<tr>
<td>F</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>09/20/24</td>
<td>$12.82</td>
<td>$128.0K</td>
<td>13.6K</td>
<td>2.2K</td>
</tr>
<tr>
<td>LULU</td>
<td>CALL</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>05/17/24</td>
<td>$380.00</td>
<td>$102.7K</td>
<td>6.7K</td>
<td>1.5K</td>
</tr>
<tr>
<td>RIVN</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>04/26/24</td>
<td>$8.50</td>
<td>$28.5K</td>
<td>1.9K</td>
<td>1.0K</td>
</tr>
<tr>
<td>VFC</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>08/16/24</td>
<td>$12.50</td>
<td>$82.9K</td>
<td>3.7K</td>
<td>564</td>
</tr>
<tr>
<td>AMZN</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>07/19/24</td>
<td>$185.00</td>
<td>$45.3K</td>
<td>3.5K</td>
<td>265</td>
</tr>
<tr>
<td>TJX</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$82.50</td>
<td>$28.0K</td>
<td>2.1K</td>
<td>176</td>
</tr>
<tr>
<td>WING</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>04/19/24</td>
<td>$360.00</td>
<td>$29.6K</td>
<td>541</td>
<td>125</td>
</tr>
<tr>
<td>AZO</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>04/19/24</td>
<td>$3000.00</td>
<td>$46.8K</td>
<td>73</td>
<td>97</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These itemized elaborations have been created using the accompanying table. 
• Regarding TSLA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>), we observe a call option sweep with bullish sentiment. It expires in 1 day(s) on April 19, 2024. Parties traded 505 contract(s) at a $150.00 strike. This particular call needed to be split into 22 different trades to become filled. The total cost received by the writing party (or parties) was $110.6K, with a price of $222.0 per contract. There were 13155 open contracts at this strike prior to today, and today 82167 contract(s) were bought and sold. 
• For XPEV (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XPEV#NYSE">XPEV</a>), we notice a put option trade that happens to be bearish, expiring in 1 day(s) on April 19, 2024. This event was a transfer of 6000 contract(s) at a $8.00 strike. The total cost received by the writing party (or parties) was $504.0K, with a price of $84.0 per contract. There were 12522 open contracts at this strike prior to today, and today 6010 contract(s) were bought and sold. 
• For F (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/F#NYSE">F</a>), we notice a call option sweep that happens to be bullish, expiring in 155 day(s) on September 20, 2024. This event was a transfer of 1754 contract(s) at a $12.82 strike. This particular call needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $128.0K, with a price of $73.0 per contract. There were 13629 open contracts at this strike prior to today, and today 2227 contract(s) were bought and sold. 
• For LULU (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LULU#NASDAQ">LULU</a>), we notice a call option sweep that happens to be neutral, expiring in 29 day(s) on May 17, 2024. This event was a transfer of 501 contract(s) at a $380.00 strike. This particular call needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $102.7K, with a price of $205.0 per contract. There were 6750 open contracts at this strike prior to today, and today 1541 contract(s) were bought and sold. 
• Regarding RIVN (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RIVN#NASDAQ">RIVN</a>), we observe a call option sweep with bearish sentiment. It expires in 8 day(s) on April 26, 2024. Parties traded 420 contract(s) at a $8.50 strike. This particular call needed to be split into 6 different trades to become filled. The total cost received by the writing party (or parties) was $28.5K, with a price of $68.0 per contract. There were 1991 open contracts at this strike prior to today, and today 1039 contract(s) were bought and sold. 
• For VFC (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VFC#NYSE">VFC</a>), we notice a put option sweep that happens to be bullish, expiring in 120 day(s) on August 16, 2024. This event was a transfer of 564 contract(s) at a $12.50 strike. This particular put needed to be split into 38 different trades to become filled. The total cost received by the writing party (or parties) was $82.9K, with a price of $147.0 per contract. There were 3702 open contracts at this strike prior to today, and today 564 contract(s) were bought and sold. 
• Regarding AMZN (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>), we observe a put option sweep with bearish sentiment. It expires in 92 day(s) on July 19, 2024. Parties traded 34 contract(s) at a $185.00 strike. This particular put needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $45.3K, with a price of $1335.0 per contract. There were 3542 open contracts at this strike prior to today, and today 265 contract(s) were bought and sold. 
• Regarding TJX (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TJX#NYSE">TJX</a>), we observe a put option sweep with bearish sentiment. It expires in 274 day(s) on January 17, 2025. Parties traded 100 contract(s) at a $82.50 strike. This particular put needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $28.0K, with a price of $280.0 per contract. There were 2195 open contracts at this strike prior to today, and today 176 contract(s) were bought and sold. 
• Regarding WING (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WING#NASDAQ">WING</a>), we observe a put option trade with bullish sentiment. It expires in 1 day(s) on April 19, 2024. Parties traded 50 contract(s) at a $360.00 strike. The total cost received by the writing party (or parties) was $29.6K, with a price of $593.0 per contract. There were 541 open contracts at this strike prior to today, and today 125 contract(s) were bought and sold. 
• Regarding AZO (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AZO#NYSE">AZO</a>), we observe a put option sweep with bearish sentiment. It expires in 1 day(s) on April 19, 2024. Parties traded 9 contract(s) at a $3000.00 strike. This particular put needed to be split into 6 different trades to become filled. The total cost received by the writing party (or parties) was $46.8K, with a price of $5200.0 per contract. There were 73 open contracts at this strike prior to today, and today 97 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more news on unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

WING

XPEV

10 Consumer Discretionary Stocks With Whale Alerts In Today's Session

Lululemon Athletica (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LULU#NASDAQ">LULU</a>) has outperformed the market over the past 15 years by 17.35% on an annualized basis producing an average annual return of 29.86%. Currently, Lululemon Athletica has a market capitalization of $43.52 billion. 
Buying $1000 In LULU: If an investor had bought $1000 of LULU stock 15 years ago, it would be worth $50,977.09 today based on a price of $345.36 for LULU at the time of writing.
<h3>Lululemon Athletica's Performance Over Last 15 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1713389425_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

If You Invested $1000 In This Stock 15 Years Ago, You Would Have $51,000 Today

Financial giants have made a conspicuous bearish move on Lululemon Athletica. Our analysis of options history for Lululemon Athletica (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LULU#NASDAQ">LULU</a>) revealed 10 unusual trades.
Delving into the details, we found 20% of traders were bullish, while 80% showed bearish tendencies. Out of all the trades we spotted, 5 were puts, with a value of $929,366, and 5 were calls, valued at $170,382.
<h3>What's The Price Target?</h3>
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $270.0 to $460.0 for Lululemon Athletica over the recent three months. 
<h3>Volume &amp; Open Interest Trends</h3>
Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for Lululemon Athletica's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across Lululemon Athletica's significant trades, within a strike price range of $270.0 to $460.0, over the past month.
<h3>Lululemon Athletica 30-Day Option Volume &amp; Interest Snapshot</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1713278770_0.png" alt="Options Call Chart" />
<h3>Noteworthy Options Activity:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th style="text-align: right;">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>LULU</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/16/26</td>
<td>$27.25</td>
<td>$25.1</td>
<td>$26.9</td>
<td>$270.00</td>
<td>$807.0K</td>
<td>28</td>
<td style="text-align: right;">1</td>
</tr>
<tr>
<td>LULU</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>05/17/24</td>
<td>$3.0</td>
<td>$2.84</td>
<td>$3.0</td>
<td>$360.00</td>
<td>$46.8K</td>
<td>1.1K</td>
<td style="text-align: right;">33</td>
</tr>
<tr>
<td>LULU</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>10/18/24</td>
<td>$35.65</td>
<td>$34.05</td>
<td>$34.8</td>
<td>$340.00</td>
<td>$34.8K</td>
<td>61</td>
<td style="text-align: right;">10</td>
</tr>
<tr>
<td>LULU</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>06/21/24</td>
<td>$68.4</td>
<td>$67.5</td>
<td>$68.4</td>
<td>$400.00</td>
<td>$34.2K</td>
<td>1.2K</td>
<td style="text-align: right;">6</td>
</tr>
<tr>
<td>LULU</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>04/19/24</td>
<td>$27.85</td>
<td>$25.65</td>
<td>$27.85</td>
<td>$360.00</td>
<td>$33.4K</td>
<td>636</td>
<td style="text-align: right;">4</td>
</tr>
</tbody>
</table>

<h3>About Lululemon Athletica</h3>
Lululemon Athletica designs, distributes, and markets athletic apparel, footwear, and accessories for women, men, and girls. Lululemon offers pants, shorts, tops, and jackets for both leisure and athletic activities such as yoga and running. The company also sells fitness accessories, such as bags, yoga mats, and equipment. Lululemon sells its products through more than 680 company-owned stores in 19 countries, e-commerce, outlets, and wholesale accounts. The company was founded in 1998 and is based in Vancouver, Canada.
Having examined the options trading patterns of Lululemon Athletica, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance
<h3>Current Position of Lululemon Athletica</h3>
<ul>
<li>Currently trading with a volume of 438,078, the LULU's price is down by -0.81%, now at $332.04. </li>
<li>RSI readings suggest the stock is currently may be oversold.</li>
<li>Anticipated earnings release is in 44 days.</li>
</ul>
<h3>What Analysts Are Saying About Lululemon Athletica</h3>
5 market experts have recently issued ratings for this stock, with a consensus target price of $509.4.
<ul>
<li>Consistent in their evaluation, an analyst from JP Morgan keeps a Overweight rating on Lululemon Athletica with a target price of $509. </li>
<li>Maintaining their stance, an analyst from Needham continues to hold a Buy rating for Lululemon Athletica, targeting a price of $500. </li>
<li>An analyst from Evercore ISI Group has decided to maintain their Outperform rating on Lululemon Athletica, which currently sits at a price target of $515. </li>
<li>An analyst from Piper Sandler persists with their Overweight rating on Lululemon Athletica, maintaining a target price of $525. </li>
<li>Maintaining their stance, an analyst from Truist Securities continues to hold a Buy rating for Lululemon Athletica, targeting a price of $498. </li>
</ul>
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Lululemon Athletica options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.

Behind the Scenes of Lululemon Athletica's Latest Options Trends

WIIM

CENN

CURV

DASH

GDHG

HOFT

HSAI

HTHT

JXJT

KAVL

LAZR

NWTN

PLAY

PLBY

REAL

Shares of companies within the broader consumer discretionary sector are trading lower amid overall market weakness on rate cut uncertainty.

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders often look for circumstances when the market estimation of an option diverges away from its normal worth. Abnormal amounts of trading activity could push option prices to hyperbolic or underperforming levels. 
Here's the list of options activity happening in today's session: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>VFC</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>03/21/25</td>
<td>$10.00</td>
<td>$48.6K</td>
<td>191</td>
<td>25.2K</td>
</tr>
<tr>
<td>CVNA</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>06/21/24</td>
<td>$70.00</td>
<td>$26.7K</td>
<td>741</td>
<td>1.6K</td>
</tr>
<tr>
<td>PLAY</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/16/26</td>
<td>$80.00</td>
<td>$25.2K</td>
<td>3.7K</td>
<td>1.4K</td>
</tr>
<tr>
<td>DNUT</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>08/16/24</td>
<td>$20.00</td>
<td>$35.1K</td>
<td>1.8K</td>
<td>1.2K</td>
</tr>
<tr>
<td>CZR</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>09/20/24</td>
<td>$45.00</td>
<td>$43.0K</td>
<td>7.6K</td>
<td>1.0K</td>
</tr>
<tr>
<td>AMZN</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$130.00</td>
<td>$43.0K</td>
<td>25.5K</td>
<td>662</td>
</tr>
<tr>
<td>SN</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>09/20/24</td>
<td>$60.00</td>
<td>$35.5K</td>
<td>6.8K</td>
<td>584</td>
</tr>
<tr>
<td>MGM</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>05/17/24</td>
<td>$45.00</td>
<td>$27.6K</td>
<td>139</td>
<td>560</td>
</tr>
<tr>
<td>LULU</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>05/17/24</td>
<td>$360.00</td>
<td>$36.0K</td>
<td>613</td>
<td>436</td>
</tr>
<tr>
<td>JD</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>09/20/24</td>
<td>$30.00</td>
<td>$36.8K</td>
<td>4.1K</td>
<td>383</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These bullet-by-bullet explanations have been constructed using the accompanying table. 
• Regarding VFC (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VFC#NYSE">VFC</a>), we observe a put option sweep with bearish sentiment. It expires in 343 day(s) on March 21, 2025. Parties traded 374 contract(s) at a $10.00 strike. This particular put needed to be split into 6 different trades to become filled. The total cost received by the writing party (or parties) was $48.6K, with a price of $130.0 per contract. There were 191 open contracts at this strike prior to today, and today 25274 contract(s) were bought and sold. 
• Regarding CVNA (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CVNA#NYSE">CVNA</a>), we observe a put option sweep with bearish sentiment. It expires in 70 day(s) on June 21, 2024. Parties traded 30 contract(s) at a $70.00 strike. This particular put needed to be split into 7 different trades to become filled. The total cost received by the writing party (or parties) was $26.7K, with a price of $890.0 per contract. There were 741 open contracts at this strike prior to today, and today 1665 contract(s) were bought and sold. 
• Regarding PLAY (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLAY#NASDAQ">PLAY</a>), we observe a call option sweep with bearish sentiment. It expires in 644 day(s) on January 16, 2026. Parties traded 35 contract(s) at a $80.00 strike. This particular call needed to be split into 19 different trades to become filled. The total cost received by the writing party (or parties) was $25.2K, with a price of $720.0 per contract. There were 3739 open contracts at this strike prior to today, and today 1423 contract(s) were bought and sold. 
• Regarding DNUT (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DNUT#NASDAQ">DNUT</a>), we observe a call option sweep with bearish sentiment. It expires in 126 day(s) on August 16, 2024. Parties traded 1000 contract(s) at a $20.00 strike. This particular call needed to be split into 9 different trades to become filled. The total cost received by the writing party (or parties) was $35.1K, with a price of $35.0 per contract. There were 1823 open contracts at this strike prior to today, and today 1217 contract(s) were bought and sold. 
• Regarding CZR (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CZR#NASDAQ">CZR</a>), we observe a call option sweep with bearish sentiment. It expires in 161 day(s) on September 20, 2024. Parties traded 123 contract(s) at a $45.00 strike. This particular call needed to be split into 17 different trades to become filled. The total cost received by the writing party (or parties) was $43.0K, with a price of $350.0 per contract. There were 7609 open contracts at this strike prior to today, and today 1099 contract(s) were bought and sold. 
• Regarding AMZN (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>), we observe a put option sweep with bearish sentiment. It expires in 280 day(s) on January 17, 2025. Parties traded 146 contract(s) at a $130.00 strike. This particular put needed to be split into 15 different trades to become filled. The total cost received by the writing party (or parties) was $43.0K, with a price of $295.0 per contract. There were 25563 open contracts at this strike prior to today, and today 662 contract(s) were bought and sold. 
• Regarding SN (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SN#NYSE">SN</a>), we observe a call option sweep with bearish sentiment. It expires in 161 day(s) on September 20, 2024. Parties traded 50 contract(s) at a $60.00 strike. This particular call needed to be split into 13 different trades to become filled. The total cost received by the writing party (or parties) was $35.5K, with a price of $710.0 per contract. There were 6822 open contracts at this strike prior to today, and today 584 contract(s) were bought and sold. 
• For MGM (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MGM#NYSE">MGM</a>), we notice a put option sweep that happens to be bearish, expiring in 35 day(s) on May 17, 2024. This event was a transfer of 85 contract(s) at a $45.00 strike. This particular put needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $27.6K, with a price of $325.0 per contract. There were 139 open contracts at this strike prior to today, and today 560 contract(s) were bought and sold. 
• Regarding LULU (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LULU#NASDAQ">LULU</a>), we observe a call option sweep with bullish sentiment. It expires in 35 day(s) on May 17, 2024. Parties traded 70 contract(s) at a $360.00 strike. This particular call needed to be split into 6 different trades to become filled. The total cost received by the writing party (or parties) was $36.0K, with a price of $515.0 per contract. There were 613 open contracts at this strike prior to today, and today 436 contract(s) were bought and sold. 
• Regarding JD (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JD#NASDAQ">JD</a>), we observe a call option sweep with bearish sentiment. It expires in 161 day(s) on September 20, 2024. Parties traded 200 contract(s) at a $30.00 strike. This particular call needed to be split into 16 different trades to become filled. The total cost received by the writing party (or parties) was $36.8K, with a price of $184.0 per contract. There were 4144 open contracts at this strike prior to today, and today 383 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more about unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

CVNA

DNUT

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders will search for circumstances when the market estimation of an option diverges heavily from its normal worth. High amounts of trading activity could push option prices to exaggerated or underestimated levels. 
Here's the list of options activity happening in today's session: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>TSLA</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>04/12/24</td>
<td>$170.00</td>
<td>$45.0K</td>
<td>36.0K</td>
<td>122.9K</td>
</tr>
<tr>
<td>VZIO</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>08/16/24</td>
<td>$11.00</td>
<td>$74.8K</td>
<td>715</td>
<td>7.0K</td>
</tr>
<tr>
<td>BABA</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>06/21/24</td>
<td>$80.00</td>
<td>$25.6K</td>
<td>48.4K</td>
<td>2.2K</td>
</tr>
<tr>
<td>AMZN</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>05/17/24</td>
<td>$185.00</td>
<td>$63.4K</td>
<td>17.3K</td>
<td>1.4K</td>
</tr>
<tr>
<td>ETSY</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$70.00</td>
<td>$48.4K</td>
<td>1.7K</td>
<td>502</td>
</tr>
<tr>
<td>ULTA</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>05/17/24</td>
<td>$410.00</td>
<td>$38.7K</td>
<td>673</td>
<td>436</td>
</tr>
<tr>
<td>DASH</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>08/16/24</td>
<td>$125.00</td>
<td>$55.8K</td>
<td>472</td>
<td>281</td>
</tr>
<tr>
<td>LULU</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>05/17/24</td>
<td>$350.00</td>
<td>$55.7K</td>
<td>117</td>
<td>190</td>
</tr>
<tr>
<td>KMX</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>07/19/24</td>
<td>$82.50</td>
<td>$29.5K</td>
<td>127</td>
<td>115</td>
</tr>
<tr>
<td>RH</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>06/21/24</td>
<td>$270.00</td>
<td>$58.5K</td>
<td>326</td>
<td>71</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These bullet-by-bullet explanations have been constructed using the accompanying table. 
• Regarding TSLA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>), we observe a put option sweep with bullish sentiment. It expires in 2 day(s) on April 12, 2024. Parties traded 246 contract(s) at a $170.00 strike. This particular put needed to be split into 12 different trades to become filled. The total cost received by the writing party (or parties) was $45.0K, with a price of $183.0 per contract. There were 36079 open contracts at this strike prior to today, and today 122945 contract(s) were bought and sold. 
• Regarding VZIO (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VZIO#NYSE">VZIO</a>), we observe a call option trade with bullish sentiment. It expires in 128 day(s) on August 16, 2024. Parties traded 1872 contract(s) at a $11.00 strike. The total cost received by the writing party (or parties) was $74.8K, with a price of $40.0 per contract. There were 715 open contracts at this strike prior to today, and today 7087 contract(s) were bought and sold. 
• Regarding BABA (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BABA#NYSE">BABA</a>), we observe a call option trade with neutral sentiment. It expires in 72 day(s) on June 21, 2024. Parties traded 100 contract(s) at a $80.00 strike. The total cost received by the writing party (or parties) was $25.6K, with a price of $256.0 per contract. There were 48404 open contracts at this strike prior to today, and today 2265 contract(s) were bought and sold. 
• Regarding AMZN (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>), we observe a call option trade with bearish sentiment. It expires in 37 day(s) on May 17, 2024. Parties traded 70 contract(s) at a $185.00 strike. The total cost received by the writing party (or parties) was $63.4K, with a price of $906.0 per contract. There were 17374 open contracts at this strike prior to today, and today 1471 contract(s) were bought and sold. 
• Regarding ETSY (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ETSY#NASDAQ">ETSY</a>), we observe a put option sweep with bullish sentiment. It expires in 282 day(s) on January 17, 2025. Parties traded 40 contract(s) at a $70.00 strike. This particular put needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $48.4K, with a price of $1210.0 per contract. There were 1718 open contracts at this strike prior to today, and today 502 contract(s) were bought and sold. 
• Regarding ULTA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ULTA#NASDAQ">ULTA</a>), we observe a put option trade with bullish sentiment. It expires in 37 day(s) on May 17, 2024. Parties traded 129 contract(s) at a $410.00 strike. The total cost received by the writing party (or parties) was $38.7K, with a price of $300.0 per contract. There were 673 open contracts at this strike prior to today, and today 436 contract(s) were bought and sold. 
• Regarding DASH (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DASH#NASDAQ">DASH</a>), we observe a put option sweep with bearish sentiment. It expires in 128 day(s) on August 16, 2024. Parties traded 60 contract(s) at a $125.00 strike. This particular put needed to be split into 6 different trades to become filled. The total cost received by the writing party (or parties) was $55.8K, with a price of $932.0 per contract. There were 472 open contracts at this strike prior to today, and today 281 contract(s) were bought and sold. 
• Regarding LULU (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LULU#NASDAQ">LULU</a>), we observe a call option sweep with bearish sentiment. It expires in 37 day(s) on May 17, 2024. Parties traded 39 contract(s) at a $350.00 strike. This particular call needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $55.7K, with a price of $1430.0 per contract. There were 117 open contracts at this strike prior to today, and today 190 contract(s) were bought and sold. 
• Regarding KMX (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KMX#NYSE">KMX</a>), we observe a call option trade with neutral sentiment. It expires in 100 day(s) on July 19, 2024. Parties traded 50 contract(s) at a $82.50 strike. The total cost received by the writing party (or parties) was $29.5K, with a price of $590.0 per contract. There were 127 open contracts at this strike prior to today, and today 115 contract(s) were bought and sold. 
• Regarding RH (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RH#NYSE">RH</a>), we observe a call option sweep with bullish sentiment. It expires in 72 day(s) on June 21, 2024. Parties traded 25 contract(s) at a $270.00 strike. This particular call needed to be split into 15 different trades to become filled. The total cost received by the writing party (or parties) was $58.5K, with a price of $2340.0 per contract. There were 326 open contracts at this strike prior to today, and today 71 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more about unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

BABA

ETSY

VZIO

In the dynamic and cutthroat world of business, conducting thorough company analysis is essential for investors and industry experts. In this article, we will undertake a comprehensive industry comparison, evaluating Lululemon Athletica (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LULU#NASDAQ">LULU</a>) and its primary competitors in the Textiles, Apparel &amp; Luxury Goods industry. By closely examining key financial metrics, market position, and growth prospects, our aim is to provide valuable insights for investors and shed light on company's performance within the industry.
<h3>Lululemon Athletica Background</h3>
Lululemon Athletica designs, distributes, and markets athletic apparel, footwear, and accessories for women, men, and girls. Lululemon offers pants, shorts, tops, and jackets for both leisure and athletic activities such as yoga and running. The company also sells fitness accessories, such as bags, yoga mats, and equipment. Lululemon sells its products through more than 680 company-owned stores in 19 countries, e-commerce, outlets, and wholesale accounts. The company was founded in 1998 and is based in Vancouver, Canada.
<table>
<thead>
<tr>
<th>Company</th>
<th>P/E</th>
<th>P/B</th>
<th>P/S</th>
<th>ROE</th>
<th>EBITDA (in billions)</th>
<th>Gross Profit (in billions)</th>
<th>Revenue Growth</th>
</tr>
</thead>
<tbody>
<tr>
<td>Lululemon Athletica Inc</td>
<td>29.42</td>
<td>10.69</td>
<td>4.74</td>
<td>17.26%</td>
<td>$1.02</td>
<td>$1.9</td>
<td>15.63%</td>
</tr>
<tr>
<td>Ralph Lauren Corp</td>
<td>19.24</td>
<td>4.22</td>
<td>1.72</td>
<td>11.2%</td>
<td>$0.4</td>
<td>$1.29</td>
<td>5.55%</td>
</tr>
<tr>
<td>Tapestry Inc</td>
<td>10.75</td>
<td>3.68</td>
<td>1.49</td>
<td>12.7%</td>
<td>$0.49</td>
<td>$1.49</td>
<td>2.92%</td>
</tr>
<tr>
<td>Levi Strauss &amp; Co</td>
<td>68.33</td>
<td>4.13</td>
<td>1.36</td>
<td>-0.53%</td>
<td>$0.04</td>
<td>$0.91</td>
<td>-7.77%</td>
</tr>
<tr>
<td>PVH Corp</td>
<td>10.27</td>
<td>1.25</td>
<td>0.74</td>
<td>5.34%</td>
<td>$0.44</td>
<td>$1.5</td>
<td>0.05%</td>
</tr>
<tr>
<td>Capri Holdings Ltd</td>
<td>22.93</td>
<td>2.65</td>
<td>1</td>
<td>5.46%</td>
<td>$0.17</td>
<td>$0.93</td>
<td>-5.62%</td>
</tr>
<tr>
<td>Columbia Sportswear Co</td>
<td>18.79</td>
<td>2.37</td>
<td>1.35</td>
<td>4.87%</td>
<td>$0.17</td>
<td>$0.54</td>
<td>-9.37%</td>
</tr>
<tr>
<td>Kontoor Brands Inc</td>
<td>13.81</td>
<td>8.40</td>
<td>1.22</td>
<td>19.12%</td>
<td>$0.09</td>
<td>$0.28</td>
<td>-8.45%</td>
</tr>
<tr>
<td>Under Armour Inc</td>
<td>7.36</td>
<td>1.31</td>
<td>0.51</td>
<td>5.36%</td>
<td>$0.11</td>
<td>$0.67</td>
<td>-6.05%</td>
</tr>
<tr>
<td>Carter's Inc</td>
<td>12.08</td>
<td>3.27</td>
<td>0.94</td>
<td>12.82%</td>
<td>$0.16</td>
<td>$0.42</td>
<td>-5.95%</td>
</tr>
<tr>
<td>Oxford Industries Inc</td>
<td>28.81</td>
<td>3.07</td>
<td>1.11</td>
<td>-10.11%</td>
<td>$-0.06</td>
<td>$0.25</td>
<td>5.74%</td>
</tr>
<tr>
<td>G-III Apparel Group Ltd</td>
<td>7.50</td>
<td>0.82</td>
<td>0.43</td>
<td>1.89%</td>
<td>$0.05</td>
<td>$0.28</td>
<td>-10.49%</td>
</tr>
<tr>
<td>FIGS Inc</td>
<td>44.75</td>
<td>2.42</td>
<td>1.80</td>
<td>2.73%</td>
<td>$0.02</td>
<td>$0.1</td>
<td>0.01%</td>
</tr>
<tr>
<td>Movado Group Inc</td>
<td>13.18</td>
<td>1.16</td>
<td>0.91</td>
<td>2.39%</td>
<td>$0.02</td>
<td>$0.1</td>
<td>-7.54%</td>
</tr>
<tr>
<td>Superior Group Of Companies Inc</td>
<td>31.11</td>
<td>1.42</td>
<td>0.50</td>
<td>1.81%</td>
<td>$0.01</td>
<td>$0.06</td>
<td>-0.92%</td>
</tr>
<tr>
<td>Vera Bradley Inc</td>
<td>26.28</td>
<td>0.78</td>
<td>0.44</td>
<td>-0.71%</td>
<td>$0.01</td>
<td>$0.07</td>
<td>-9.4%</td>
</tr>
<tr>
<td>Lakeland Industries Inc</td>
<td>20.03</td>
<td>1.04</td>
<td>1.07</td>
<td>2.14%</td>
<td>$0.0</td>
<td>$0.01</td>
<td>11.59%</td>
</tr>
<tr>
<td>Average</td>
<td>22.2</td>
<td>2.62</td>
<td>1.04</td>
<td>4.78%</td>
<td>$0.13</td>
<td>$0.56</td>
<td>-2.86%</td>
</tr>
</tbody>
</table>
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 }
 </style>When conducting a detailed analysis of Lululemon Athletica, the following trends become clear: 
<ul>
<li>
At 29.42, the stock's Price to Earnings ratio significantly exceeds the industry average by 1.33x, suggesting a premium valuation relative to industry peers.
</li>
<li>
It could be trading at a premium in relation to its book value, as indicated by its Price to Book ratio of 10.69 which exceeds the industry average by 4.08x.
</li>
<li>
With a relatively high Price to Sales ratio of 4.74, which is 4.56x the industry average, the stock might be considered overvalued based on sales performance.
</li>
<li>
The company has a higher Return on Equity (ROE) of 17.26%, which is 12.48% above the industry average. This suggests efficient use of equity to generate profits and demonstrates profitability and growth potential.
</li>
<li>
With higher Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) of $1.02 Billion, which is 7.85x above the industry average, the company demonstrates stronger profitability and robust cash flow generation.
</li>
<li>
Compared to its industry, the company has higher gross profit of $1.9 Billion, which indicates 3.39x above the industry average, indicating stronger profitability and higher earnings from its core operations.
</li>
<li>
With a revenue growth of 15.63%, which surpasses the industry average of -2.86%, the company is demonstrating robust sales expansion and gaining market share.
</li>
</ul>
<h3>Debt To Equity Ratio</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1712761258_0.png" alt="debt to equity" />
The debt-to-equity (D/E) ratio helps evaluate the capital structure and financial leverage of a company.
Considering the debt-to-equity ratio in industry comparisons allows for a concise evaluation of a company's financial health and risk profile, aiding in informed decision-making.
When assessing Lululemon Athletica against its top 4 peers using the Debt-to-Equity ratio, the following comparisons can be made:
<ul>
<li>
In terms of the debt-to-equity ratio, Lululemon Athletica has a lower level of debt compared to its top 4 peers, indicating a stronger financial position.
</li>
<li>
This implies that the company relies less on debt financing and has a more favorable balance between debt and equity with a lower debt-to-equity ratio of 0.33.
</li>
</ul>
<h3>Key Takeaways</h3>
For Lululemon Athletica in the Textiles, Apparel &amp; Luxury Goods industry, the PE, PB, and PS ratios are all high compared to its peers, indicating a potentially overvalued stock. On the other hand, the high ROE, EBITDA, gross profit, and revenue growth suggest strong financial performance and growth potential relative to industry competitors.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Comparative Study: Lululemon Athletica And Industry Competitors In Textiles, Apparel &amp; Luxury Goods Industry

Whales with a lot of money to spend have taken a noticeably bearish stance on Lululemon Athletica.
Looking at options history for Lululemon Athletica (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LULU#NASDAQ">LULU</a>) we detected 9 trades.
If we consider the specifics of each trade, it is accurate to state that 33% of the investors opened trades with bullish expectations and 66% with bearish.
From the overall spotted trades, 4 are puts, for a total amount of $279,638 and 5, calls, for a total amount of $240,230.
<h3>Projected Price Targets</h3>
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $310.0 to $400.0 for Lululemon Athletica during the past quarter. 
<h3>Volume &amp; Open Interest Development</h3>
In terms of liquidity and interest, the mean open interest for Lululemon Athletica options trades today is 379.44 with a total volume of 204.00.
In the following chart, we are able to follow the development of volume and open interest of call and put options for Lululemon Athletica's big money trades within a strike price range of $310.0 to $400.0 over the last 30 days.
<h3>Lululemon Athletica 30-Day Option Volume &amp; Interest Snapshot</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1712674852_0.png" alt="Options Call Chart" />
<h3>Largest Options Trades Observed:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th style="text-align: right;">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>LULU</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>04/19/24</td>
<td>$28.75</td>
<td>$26.75</td>
<td>$28.65</td>
<td>$385.00</td>
<td>$155.1K</td>
<td>671</td>
<td style="text-align: right;">20</td>
</tr>
<tr>
<td>LULU</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>10/18/24</td>
<td>$51.05</td>
<td>$50.5</td>
<td>$50.5</td>
<td>$340.00</td>
<td>$106.0K</td>
<td>2</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>LULU</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>10/18/24</td>
<td>$13.1</td>
<td>$12.95</td>
<td>$12.95</td>
<td>$310.00</td>
<td>$53.0K</td>
<td>134</td>
<td style="text-align: right;">41</td>
</tr>
<tr>
<td>LULU</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>06/21/24</td>
<td>$23.25</td>
<td>$22.35</td>
<td>$22.83</td>
<td>$360.00</td>
<td>$45.6K</td>
<td>349</td>
<td style="text-align: right;">4</td>
</tr>
<tr>
<td>LULU</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>06/21/24</td>
<td>$46.15</td>
<td>$45.25</td>
<td>$46.15</td>
<td>$400.00</td>
<td>$36.9K</td>
<td>1.1K</td>
<td style="text-align: right;">2</td>
</tr>
</tbody>
</table>

<h3>About Lululemon Athletica</h3>
Lululemon Athletica designs, distributes, and markets athletic apparel, footwear, and accessories for women, men, and girls. Lululemon offers pants, shorts, tops, and jackets for both leisure and athletic activities such as yoga and running. The company also sells fitness accessories, such as bags, yoga mats, and equipment. Lululemon sells its products through more than 680 company-owned stores in 19 countries, e-commerce, outlets, and wholesale accounts. The company was founded in 1998 and is based in Vancouver, Canada.
Following our analysis of the options activities associated with Lululemon Athletica, we pivot to a closer look at the company's own performance.
<h3>Present Market Standing of Lululemon Athletica</h3>
<ul>
<li>Trading volume stands at 415,685, with LULU's price down by -0.13%, positioned at $360.0.</li>
<li>RSI indicators show the stock to be may be oversold.</li>
<li>Earnings announcement expected in 51 days.</li>
</ul>
<h3>Expert Opinions on Lululemon Athletica</h3>
A total of 5 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $494.4.
<ul>
<li>Maintaining their stance, an analyst from Wells Fargo continues to hold a Equal-Weight rating for Lululemon Athletica, targeting a price of $425. </li>
<li>An analyst from Wedbush has decided to maintain their Outperform rating on Lululemon Athletica, which currently sits at a price target of $492. </li>
<li>Maintaining their stance, an analyst from Barclays continues to hold a Overweight rating for Lululemon Athletica, targeting a price of $546. </li>
<li>Consistent in their evaluation, an analyst from JP Morgan keeps a Overweight rating on Lululemon Athletica with a target price of $509. </li>
<li>An analyst from Citigroup has decided to maintain their Buy rating on Lululemon Athletica, which currently sits at a price target of $500. </li>
</ul>
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for Lululemon Athletica, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.

Smart Money Is Betting Big In LULU Options

In the preceding three months, 25 analysts have released ratings for Lululemon Athletica (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LULU#NASDAQ">LULU</a>), presenting a wide array of perspectives from bullish to bearish.
The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">6</td>
<td style="text-align: right;">13</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">5</td>
<td style="text-align: right;">11</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $484.6, a high estimate of $570.00, and a low estimate of $240.00. This current average has decreased by 7.89% from the previous average price target of $526.10. 
<img src="https://www.benzinga.com/files/images/story/2024/1712674840_0.png" alt="price target chart" />
<h2>Investigating Analyst Ratings: An Elaborate Study</h2>
A clear picture of Lululemon Athletica's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Abbie Zvejnieks</td>
<td>Piper Sandler</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$470.00</td>
<td>$525.00</td>
</tr>
<tr>
<td>Brian Nagel</td>
<td>Oppenheimer</td>
<td>Lowers</td>
<td>Outperform</td>
<td>$445.00</td>
<td>$540.00</td>
</tr>
<tr>
<td>Randal Konik</td>
<td>Jefferies</td>
<td>Lowers</td>
<td>Underperform</td>
<td>$240.00</td>
<td>$300.00</td>
</tr>
<tr>
<td>Adrienne Yih</td>
<td>Barclays</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$546.00</td>
<td>$610.00</td>
</tr>
<tr>
<td>Matthew Boss</td>
<td>JP Morgan</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$509.00</td>
<td>$531.00</td>
</tr>
<tr>
<td>Ashley Owens</td>
<td>Keybanc</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$515.00</td>
<td>$570.00</td>
</tr>
<tr>
<td>Randal Konik</td>
<td>Jefferies</td>
<td>Maintains</td>
<td>Underperform</td>
<td>$300.00</td>
<td>-</td>
</tr>
<tr>
<td>Alexandra Steiger</td>
<td>Morgan Stanley</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$490.00</td>
<td>$539.00</td>
</tr>
<tr>
<td>Michael Binetti</td>
<td>Evercore ISI Group</td>
<td>Lowers</td>
<td>Outperform</td>
<td>$515.00</td>
<td>$575.00</td>
</tr>
<tr>
<td>Ike Boruchow</td>
<td>Wells Fargo</td>
<td>Lowers</td>
<td>Equal-Weight</td>
<td>$425.00</td>
<td>$450.00</td>
</tr>
<tr>
<td>Abbie Zvejnieks</td>
<td>Piper Sandler</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$525.00</td>
<td>$560.00</td>
</tr>
<tr>
<td>Jim Duffy</td>
<td>Stifel</td>
<td>Lowers</td>
<td>Buy</td>
<td>$539.00</td>
<td>$596.00</td>
</tr>
<tr>
<td>Joseph Civello</td>
<td>Truist Securities</td>
<td>Lowers</td>
<td>Buy</td>
<td>$498.00</td>
<td>$561.00</td>
</tr>
<tr>
<td>Simeon Siegel</td>
<td>BMO Capital</td>
<td>Raises</td>
<td>Market Perform</td>
<td>$420.00</td>
<td>$408.00</td>
</tr>
<tr>
<td>Tom Nikic</td>
<td>Wedbush</td>
<td>Lowers</td>
<td>Outperform</td>
<td>$492.00</td>
<td>$548.00</td>
</tr>
<tr>
<td>Paul Lejuez</td>
<td>Citigroup</td>
<td>Lowers</td>
<td>Buy</td>
<td>$500.00</td>
<td>$520.00</td>
</tr>
<tr>
<td>Dana Telsey</td>
<td>Telsey Advisory Group</td>
<td>Maintains</td>
<td>Outperform</td>
<td>$550.00</td>
<td>$550.00</td>
</tr>
<tr>
<td>Anna Andreeva</td>
<td>Needham</td>
<td>Lowers</td>
<td>Buy</td>
<td>$500.00</td>
<td>$525.00</td>
</tr>
<tr>
<td>John Kernan</td>
<td>TD Cowen</td>
<td>Lowers</td>
<td>Outperform</td>
<td>$515.00</td>
<td>$553.00</td>
</tr>
<tr>
<td>Scot Ciccarelli</td>
<td>Truist Securities</td>
<td>Maintains</td>
<td>Buy</td>
<td>$561.00</td>
<td>$561.00</td>
</tr>
<tr>
<td>Dana Telsey</td>
<td>Telsey Advisory Group</td>
<td>Maintains</td>
<td>Outperform</td>
<td>$550.00</td>
<td>-</td>
</tr>
<tr>
<td>Anna Andreeva</td>
<td>Needham</td>
<td>Maintains</td>
<td>Buy</td>
<td>$525.00</td>
<td>-</td>
</tr>
<tr>
<td>Laurent Vasilescu</td>
<td>Exane BNP Paribas</td>
<td>Announces</td>
<td>Underperform</td>
<td>$415.00</td>
<td>-</td>
</tr>
<tr>
<td>Erwan Rambourg</td>
<td>HSBC</td>
<td>Announces</td>
<td>Hold</td>
<td>$500.00</td>
<td>-</td>
</tr>
<tr>
<td>Noah Zatzkin</td>
<td>Keybanc</td>
<td>Raises</td>
<td>Overweight</td>
<td>$570.00</td>
<td>$500.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Lululemon Athletica. This information offers a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Offering insights into predictions, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Lululemon Athletica compared to the broader market.</li>
<li>Price Targets: Analysts set price targets as an estimate of a stock's future value. Comparing the current and prior price targets provides insight into how analysts' expectations have changed over time. This information can be valuable for investors seeking to understand consensus views on the stock's potential future performance.</li>
</ul>
Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of Lululemon Athletica's market position. Stay informed and make well-informed decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/LULU/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Lululemon Athletica analyst ratings.</a>
<h2>Unveiling the Story Behind Lululemon Athletica</h2>
Lululemon Athletica designs, distributes, and markets athletic apparel, footwear, and accessories for women, men, and girls. Lululemon offers pants, shorts, tops, and jackets for both leisure and athletic activities such as yoga and running. The company also sells fitness accessories, such as bags, yoga mats, and equipment. Lululemon sells its products through more than 680 company-owned stores in 19 countries, e-commerce, outlets, and wholesale accounts. The company was founded in 1998 and is based in Vancouver, Canada.
<h3>Financial Milestones: Lululemon Athletica's Journey</h3>
Market Capitalization Highlights: Above the industry average, the company's market capitalization signifies a significant scale, indicating strong confidence and market prominence.
Revenue Growth: Lululemon Athletica displayed positive results in 3 months. As of 31 January, 2024, the company achieved a solid revenue growth rate of approximately 15.63%. This indicates a notable increase in the company's top-line earnings. When compared to others in the Consumer Discretionary sector, the company excelled with a growth rate higher than the average among peers.
Net Margin: Lululemon Athletica's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 20.89% net margin, the company effectively manages costs and achieves strong profitability.
Return on Equity (ROE): Lululemon Athletica's ROE surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 17.26% ROE, the company effectively utilizes shareholder equity capital.
Return on Assets (ROA): Lululemon Athletica's ROA stands out, surpassing industry averages. With an impressive ROA of 10.21%, the company demonstrates effective utilization of assets and strong financial performance.
Debt Management: With a below-average debt-to-equity ratio of 0.33, Lululemon Athletica adopts a prudent financial strategy, indicating a balanced approach to debt management.
<h2>How Are Analyst Ratings Determined?</h2>
Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Demystifying Lululemon Athletica: Insights From 25 Analyst Reviews

Piper Sandler analyst Abbie Zvejnieks maintains Lululemon Athletica (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LULU#NASDAQ">LULU</a>) with a Overweight and lowers the price target from $525 to $470.

Piper Sandler Maintains Overweight on Lululemon Athletica, Lowers Price Target to $470

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders will search for circumstances when the market estimation of an option diverges heavily from its normal worth. High amounts of trading activity could push option prices to exaggerated or underestimated levels. 
Here's the list of options activity happening in today's session: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>AMZN</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>04/12/24</td>
<td>$185.00</td>
<td>$25.0K</td>
<td>1.9K</td>
<td>12.5K</td>
</tr>
<tr>
<td>NIO</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>06/20/25</td>
<td>$4.00</td>
<td>$1.1 million</td>
<td>13.0K</td>
<td>10.0K</td>
</tr>
<tr>
<td>TSLA</td>
<td>CALL</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>05/17/24</td>
<td>$175.00</td>
<td>$78.6K</td>
<td>36.2K</td>
<td>3.0K</td>
</tr>
<tr>
<td>PENN</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>07/19/24</td>
<td>$25.00</td>
<td>$153.0K</td>
<td>1.7K</td>
<td>3.0K</td>
</tr>
<tr>
<td>ARKO</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>11/15/24</td>
<td>$5.00</td>
<td>$50.0K</td>
<td>0</td>
<td>2.1K</td>
</tr>
<tr>
<td>LCID</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$5.00</td>
<td>$454.6K</td>
<td>1.3K</td>
<td>1.5K</td>
</tr>
<tr>
<td>LSEA</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>08/16/24</td>
<td>$12.50</td>
<td>$27.4K</td>
<td>0</td>
<td>1.3K</td>
</tr>
<tr>
<td>NKE</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>06/21/24</td>
<td>$90.00</td>
<td>$74.0K</td>
<td>1.9K</td>
<td>430</td>
</tr>
<tr>
<td>LULU</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>04/19/24</td>
<td>$370.00</td>
<td>$30.5K</td>
<td>612</td>
<td>186</td>
</tr>
<tr>
<td>JACK</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>09/20/24</td>
<td>$55.00</td>
<td>$33.0K</td>
<td>30</td>
<td>100</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These itemized elaborations have been created using the accompanying table. 
• Regarding AMZN (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>), we observe a put option sweep with bullish sentiment. It expires in 7 day(s) on April 12, 2024. Parties traded 114 contract(s) at a $185.00 strike. This particular put needed to be split into 9 different trades to become filled. The total cost received by the writing party (or parties) was $25.0K, with a price of $220.0 per contract. There were 1980 open contracts at this strike prior to today, and today 12562 contract(s) were bought and sold. 
• Regarding NIO (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NIO#NYSE">NIO</a>), we observe a put option sweep with bearish sentiment. It expires in 441 day(s) on June 20, 2025. Parties traded 10000 contract(s) at a $4.00 strike. This particular put needed to be split into 45 different trades to become filled. The total cost received by the writing party (or parties) was $1.1 million, with a price of $119.0 per contract. There were 13026 open contracts at this strike prior to today, and today 10000 contract(s) were bought and sold. 
• For TSLA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>), we notice a call option sweep that happens to be neutral, expiring in 42 day(s) on May 17, 2024. This event was a transfer of 82 contract(s) at a $175.00 strike. This particular call needed to be split into 7 different trades to become filled. The total cost received by the writing party (or parties) was $78.6K, with a price of $955.0 per contract. There were 36257 open contracts at this strike prior to today, and today 3055 contract(s) were bought and sold. 
• For PENN (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PENN#NASDAQ">PENN</a>), we notice a call option trade that happens to be neutral, expiring in 105 day(s) on July 19, 2024. This event was a transfer of 3000 contract(s) at a $25.00 strike. The total cost received by the writing party (or parties) was $153.0K, with a price of $51.0 per contract. There were 1702 open contracts at this strike prior to today, and today 3000 contract(s) were bought and sold. 
• Regarding ARKO (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ARKO#NASDAQ">ARKO</a>), we observe a put option trade with bullish sentiment. It expires in 224 day(s) on November 15, 2024. Parties traded 1000 contract(s) at a $5.00 strike. The total cost received by the writing party (or parties) was $50.0K, with a price of $50.0 per contract. There were 0 open contracts at this strike prior to today, and today 2101 contract(s) were bought and sold. 
• Regarding LCID (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LCID#NASDAQ">LCID</a>), we observe a put option sweep with bullish sentiment. It expires in 651 day(s) on January 16, 2026. Parties traded 1443 contract(s) at a $5.00 strike. This particular put needed to be split into 33 different trades to become filled. The total cost received by the writing party (or parties) was $454.6K, with a price of $315.0 per contract. There were 1335 open contracts at this strike prior to today, and today 1501 contract(s) were bought and sold. 
• For LSEA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LSEA#NASDAQ">LSEA</a>), we notice a put option sweep that happens to be bullish, expiring in 133 day(s) on August 16, 2024. This event was a transfer of 274 contract(s) at a $12.50 strike. This particular put needed to be split into 23 different trades to become filled. The total cost received by the writing party (or parties) was $27.4K, with a price of $100.0 per contract. There were 0 open contracts at this strike prior to today, and today 1358 contract(s) were bought and sold. 
• For NKE (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NKE#NYSE">NKE</a>), we notice a call option sweep that happens to be bullish, expiring in 77 day(s) on June 21, 2024. This event was a transfer of 200 contract(s) at a $90.00 strike. This particular call needed to be split into 24 different trades to become filled. The total cost received by the writing party (or parties) was $74.0K, with a price of $370.0 per contract. There were 1931 open contracts at this strike prior to today, and today 430 contract(s) were bought and sold. 
• For LULU (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LULU#NASDAQ">LULU</a>), we notice a call option sweep that happens to be bullish, expiring in 14 day(s) on April 19, 2024. This event was a transfer of 100 contract(s) at a $370.00 strike. This particular call needed to be split into 14 different trades to become filled. The total cost received by the writing party (or parties) was $30.5K, with a price of $306.0 per contract. There were 612 open contracts at this strike prior to today, and today 186 contract(s) were bought and sold. 
• Regarding JACK (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JACK#NASDAQ">JACK</a>), we observe a put option trade with bearish sentiment. It expires in 168 day(s) on September 20, 2024. Parties traded 100 contract(s) at a $55.00 strike. The total cost received by the writing party (or parties) was $33.0K, with a price of $330.0 per contract. There were 30 open contracts at this strike prior to today, and today 100 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more about unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

ARKO

JACK

LCID

LSEA

PENN

Deep-pocketed investors have adopted a bullish approach towards Lululemon Athletica (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LULU#NASDAQ">LULU</a>), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in LULU usually suggests something big is about to happen.
We gleaned this information from our observations today when Benzinga's options scanner highlighted 14 extraordinary options activities for Lululemon Athletica. This level of activity is out of the ordinary.
The general mood among these heavyweight investors is divided, with 50% leaning bullish and 50% bearish. Among these notable options, 9 are puts, totaling $457,257, and 5 are calls, amounting to $350,955.
<h3>Predicted Price Range</h3>
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $340.0 to $450.0 for Lululemon Athletica during the past quarter. 
<h3>Volume &amp; Open Interest Trends</h3>
Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for Lululemon Athletica's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across Lululemon Athletica's significant trades, within a strike price range of $340.0 to $450.0, over the past month.
<h3>Lululemon Athletica Call and Put Volume: 30-Day Overview</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1712328361_0.png" alt="Options Call Chart" />
<h3>Largest Options Trades Observed:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th style="text-align: right;">Open Interest</th>
<th style="text-align: right;">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>LULU</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$35.8</td>
<td>$35.1</td>
<td>$35.8</td>
<td>$390.00</td>
<td>$218.6K</td>
<td style="text-align: right;">473</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>LULU</td>
<td>PUT</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>09/20/24</td>
<td>$94.25</td>
<td>$90.95</td>
<td>$92.35</td>
<td>$450.00</td>
<td>$101.5K</td>
<td style="text-align: right;">43</td>
<td style="text-align: right;">11</td>
</tr>
<tr>
<td>LULU</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>04/12/24</td>
<td>$5.85</td>
<td>$4.55</td>
<td>$5.85</td>
<td>$357.50</td>
<td>$88.2K</td>
<td style="text-align: right;">344</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>LULU</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>04/12/24</td>
<td>$35.9</td>
<td>$32.6</td>
<td>$35.9</td>
<td>$395.00</td>
<td>$78.9K</td>
<td style="text-align: right;">241</td>
<td style="text-align: right;">22</td>
</tr>
<tr>
<td>LULU</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>06/21/24</td>
<td>$7.45</td>
<td>$6.95</td>
<td>$7.31</td>
<td>$410.00</td>
<td>$43.6K</td>
<td style="text-align: right;">530</td>
<td style="text-align: right;">24</td>
</tr>
</tbody>
</table>

<h3>About Lululemon Athletica</h3>
Lululemon Athletica designs, distributes, and markets athletic apparel, footwear, and accessories for women, men, and girls. Lululemon offers pants, shorts, tops, and jackets for both leisure and athletic activities such as yoga and running. The company also sells fitness accessories, such as bags, yoga mats, and equipment. Lululemon sells its products through more than 680 company-owned stores in 19 countries, e-commerce, outlets, and wholesale accounts. The company was founded in 1998 and is based in Vancouver, Canada.
Having examined the options trading patterns of Lululemon Athletica, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance
<h3>Current Position of Lululemon Athletica</h3>
<ul>
<li>With a volume of 426,035, the price of LULU is up 0.09% at $357.87. </li>
<li>RSI indicators hint that the underlying stock may be oversold.</li>
<li>Next earnings are expected to be released in 55 days.</li>
</ul>
<h3>What Analysts Are Saying About Lululemon Athletica</h3>
5 market experts have recently issued ratings for this stock, with a consensus target price of $491.6.
<ul>
<li>Maintaining their stance, an analyst from Citigroup continues to hold a Buy rating for Lululemon Athletica, targeting a price of $500. </li>
<li>Maintaining their stance, an analyst from Needham continues to hold a Buy rating for Lululemon Athletica, targeting a price of $500. </li>
<li>An analyst from BMO Capital has decided to maintain their Market Perform rating on Lululemon Athletica, which currently sits at a price target of $420. </li>
<li>Maintaining their stance, an analyst from Barclays continues to hold a Overweight rating for Lululemon Athletica, targeting a price of $546. </li>
<li>Consistent in their evaluation, an analyst from Wedbush keeps a Outperform rating on Lululemon Athletica with a target price of $492. </li>
</ul>
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for Lululemon Athletica, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.

Lululemon Athletica Options Trading: A Deep Dive into Market Sentiment

Oppenheimer analyst Brian Nagel reiterates Lululemon Athletica (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LULU#NASDAQ">LULU</a>) with a Outperform and lowers the price target from $540 to $445.

Reiteration

Oppenheimer Reiterates Outperform on Lululemon Athletica, Lowers Price Target to $445

BURL

Shares of companies in the broader consumer discretionary sector are trading lower as stocks fall on rate cut uncertainty.

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders will search for circumstances when the market estimation of an option diverges heavily from its normal worth. High amounts of trading activity could push option prices to exaggerated or underestimated levels. 
Here's the list of options activity happening in today's session: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>TSLA</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>04/05/24</td>
<td>$170.00</td>
<td>$39.5K</td>
<td>20.6K</td>
<td>145.6K</td>
</tr>
<tr>
<td>F</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>05/17/24</td>
<td>$13.82</td>
<td>$33.0K</td>
<td>19.3K</td>
<td>5.1K</td>
</tr>
<tr>
<td>AMZN</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>05/17/24</td>
<td>$185.00</td>
<td>$87.5K</td>
<td>13.7K</td>
<td>1.6K</td>
</tr>
<tr>
<td>CVNA</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>04/12/24</td>
<td>$80.00</td>
<td>$65.0K</td>
<td>298</td>
<td>786</td>
</tr>
<tr>
<td>LULU</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>04/19/24</td>
<td>$350.00</td>
<td>$88.2K</td>
<td>782</td>
<td>649</td>
</tr>
<tr>
<td>WYNN</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>09/20/24</td>
<td>$125.00</td>
<td>$78.3K</td>
<td>162</td>
<td>371</td>
</tr>
<tr>
<td>PLNT</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>05/17/24</td>
<td>$60.00</td>
<td>$39.8K</td>
<td>1.0K</td>
<td>204</td>
</tr>
<tr>
<td>MAR</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>09/20/24</td>
<td>$230.00</td>
<td>$101.2K</td>
<td>369</td>
<td>166</td>
</tr>
<tr>
<td>RH</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>04/05/24</td>
<td>$335.00</td>
<td>$42.8K</td>
<td>104</td>
<td>101</td>
</tr>
<tr>
<td>GM</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>12/20/24</td>
<td>$47.00</td>
<td>$45.0K</td>
<td>1.3K</td>
<td>91</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These bullet-by-bullet explanations have been constructed using the accompanying table. 
• For TSLA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>), we notice a put option sweep that happens to be bullish, expiring in 1 day(s) on April 5, 2024. This event was a transfer of 1143 contract(s) at a $170.00 strike. This particular put needed to be split into 153 different trades to become filled. The total cost received by the writing party (or parties) was $39.5K, with a price of $34.0 per contract. There were 20617 open contracts at this strike prior to today, and today 145618 contract(s) were bought and sold. 
• Regarding F (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/F#NYSE">F</a>), we observe a call option sweep with bullish sentiment. It expires in 43 day(s) on May 17, 2024. Parties traded 600 contract(s) at a $13.82 strike. This particular call needed to be split into 8 different trades to become filled. The total cost received by the writing party (or parties) was $33.0K, with a price of $55.0 per contract. There were 19361 open contracts at this strike prior to today, and today 5168 contract(s) were bought and sold. 
• For AMZN (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>), we notice a call option sweep that happens to be bullish, expiring in 43 day(s) on May 17, 2024. This event was a transfer of 100 contract(s) at a $185.00 strike. This particular call needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $87.5K, with a price of $875.0 per contract. There were 13799 open contracts at this strike prior to today, and today 1677 contract(s) were bought and sold. 
• Regarding CVNA (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CVNA#NYSE">CVNA</a>), we observe a put option sweep with bearish sentiment. It expires in 8 day(s) on April 12, 2024. Parties traded 500 contract(s) at a $80.00 strike. This particular put needed to be split into 15 different trades to become filled. The total cost received by the writing party (or parties) was $65.0K, with a price of $130.0 per contract. There were 298 open contracts at this strike prior to today, and today 786 contract(s) were bought and sold. 
• For LULU (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LULU#NASDAQ">LULU</a>), we notice a put option sweep that happens to be bearish, expiring in 15 day(s) on April 19, 2024. This event was a transfer of 378 contract(s) at a $350.00 strike. This particular put needed to be split into 27 different trades to become filled. The total cost received by the writing party (or parties) was $88.2K, with a price of $239.0 per contract. There were 782 open contracts at this strike prior to today, and today 649 contract(s) were bought and sold. 
• For WYNN (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WYNN#NASDAQ">WYNN</a>), we notice a call option sweep that happens to be bullish, expiring in 169 day(s) on September 20, 2024. This event was a transfer of 180 contract(s) at a $125.00 strike. This particular call needed to be split into 8 different trades to become filled. The total cost received by the writing party (or parties) was $78.3K, with a price of $435.0 per contract. There were 162 open contracts at this strike prior to today, and today 371 contract(s) were bought and sold. 
• For PLNT (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLNT#NYSE">PLNT</a>), we notice a put option sweep that happens to be bullish, expiring in 43 day(s) on May 17, 2024. This event was a transfer of 179 contract(s) at a $60.00 strike. This particular put needed to be split into 9 different trades to become filled. The total cost received by the writing party (or parties) was $39.8K, with a price of $225.0 per contract. There were 1082 open contracts at this strike prior to today, and today 204 contract(s) were bought and sold. 
• Regarding MAR (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MAR#NASDAQ">MAR</a>), we observe a put option sweep with bearish sentiment. It expires in 169 day(s) on September 20, 2024. Parties traded 166 contract(s) at a $230.00 strike. This particular put needed to be split into 34 different trades to become filled. The total cost received by the writing party (or parties) was $101.2K, with a price of $600.0 per contract. There were 369 open contracts at this strike prior to today, and today 166 contract(s) were bought and sold. 
• Regarding RH (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RH#NYSE">RH</a>), we observe a put option sweep with bearish sentiment. It expires in 1 day(s) on April 5, 2024. Parties traded 10 contract(s) at a $335.00 strike. This particular put needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $42.8K, with a price of $4280.0 per contract. There were 104 open contracts at this strike prior to today, and today 101 contract(s) were bought and sold. 
• Regarding GM (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GM#NYSE">GM</a>), we observe a put option sweep with bearish sentiment. It expires in 260 day(s) on December 20, 2024. Parties traded 91 contract(s) at a $47.00 strike. This particular put needed to be split into 6 different trades to become filled. The total cost received by the writing party (or parties) was $45.0K, with a price of $494.0 per contract. There were 1362 open contracts at this strike prior to today, and today 91 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more about unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

PLNT

WYNN

Jefferies analyst Randal Konik maintains Lululemon Athletica (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LULU#NASDAQ">LULU</a>) with a Underperform and lowers the price target from $300 to $240.

Jefferies Maintains Underperform on Lululemon Athletica, Lowers Price Target to $240

Lululemon Athletica (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LULU#NASDAQ">LULU</a>) has outperformed the market over the past 15 years by 20.63% on an annualized basis producing an average annual return of 33.64%. Currently, Lululemon Athletica has a market capitalization of $47.88 billion. 
Buying $100 In LULU: If an investor had bought $100 of LULU stock 15 years ago, it would be worth $8,276.29 today based on a price of $380.00 for LULU at the time of writing.
<h3>Lululemon Athletica's Performance Over Last 15 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1712075429_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

If You Invested $100 In This Stock 15 Years Ago, You Would Have $8,300 Today

Sandbrook Capital Partners Q1 2024 Letter

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
Plenty of companies are clearly taking the cost-cutting approach to their business models in search for efficiencies and margin improvement. Lululemon (NASDAQ:<a href="https://investorplace.com/stock-quotes/lulu-stock-quote/">LULU</a>) appears to be one such company, with news of Lululemon layoffs sending shares of LULU stock higher on the day.



The company <a href="https://www.cnbc.com/2024/04/19/lululemon-to-shutter-washington-warehouse-lay-off-128-employees.html">announced</a> plans to shut down its Washington distribution center after also previously announcing plans to add a new warehouse in L.A. and bolster its footprint around the U.S. The company did note that some employees will likely shift to other locations, but 128 individuals will unfortunately be let go.



This move comes at an interesting time for Lululemon, as business remains strong, and the company has shown a focus on growth in recent quarters. Let&rsquo;s dive into what to make of this announcement and why LULU stock is up on the news. 



<h2>Lululemon Layoffs Send Shares Higher</h2>



According to recent reports, Lululemon filed a <a href="https://en.wikipedia.org/wiki/Worker_Adjustment_and_Retraining_Notification_Act_of_1988">WARN notice</a> with Washington state&rsquo;s Employment Security Department on Thursday, signaling its plans to shutter this distribution facility and engage in layoffs. Like many retailers looking to enhance margins and focus their efforts on their most profitable locations, this move appears to have taken the market somewhat by surprise. 



This year, LULU stock has been on a downward trajectory, losing more than 30% of its value since the start of the year. Management appears to have gotten the message &mdash; that investors want to see financial discipline in addition to growth. It&rsquo;s certainly not a growth-at-all-costs market anymore, and these layoff headlines are becoming more common as a result.



The company noted that it took on &ldquo;a review of our current infrastructure and the evolution of our fulfillment strategy,&rdquo; which ultimately led to this decision. Lululemon noted that this was one of the company&rsquo;s smaller fulfillment centers, and existing volumes can be serviced from other locations. 



Overall, the market appears to view this streamlining of operations as a net positive for the company. However, I think that bottom-line growth will likely matter more for the retailer as investors look for greater returns on capital and a less-elevated multiple. 



That said, at <a href="https://finance.yahoo.com/quote/LULU?.tsrc=fin-srch">28 times trailing earnings</a>, this stock is certainly not expensive for the growth it provides. After this announcement, I think Lululemon deserves a spot on investor watch lists. 



On the date of publication, Chris MacDonald did not have (either directly or indirectly) any positions in the securities mentioned in this article.&nbsp;The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com&nbsp;<a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/">Publishing Guidelines</a>.
<div>Chris MacDonald&rsquo;s love for investing led him to pursue an MBA in Finance and take on a number of management roles in corporate finance and venture capital over the past 15 years. His experience as a financial analyst in the past, coupled with his fervor for finding undervalued growth opportunities, contribute to his conservative, long-term investing perspective.</div><h3>More From InvestorPlace</h3>
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Lululemon Layoffs 2024: What to Know About the Latest LULU Job Cuts

Lululemon (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LULU#NASDAQ">LULU</a>), an athletic apparel and accessories retailer, is down 32% from its high and has tanked ever since its recent earnings repo...

Down 32%, Is Lululemon Stock (NASDAQ:LULU) a Buy Now?

Shares of athletic footwear and apparel giant Nike (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NKE#NYSE">NKE</a>) have declined nearly 25% over the past year, lagging the broader market. The company ...

Nike Stock (NYSE:NKE): Will the Footwear Giant Regain its Mojo?

Lululemon closes distribution center in Washington

Additions and deletions of Oppenheimer's OPCO Trifecta

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Given the stickiness in inflation, avoiding <a href="https://investorplace.com/industries/consumer-discretionary/">consumer discretionary stocks</a> like athleisure is more prudent. However, with&nbsp;<a target="_blank" href="https://realeconomy.rsmus.com/u-s-retail-sales-show-surprising-resilience/">U.S. retail sales showing remarkable resilience</a>&nbsp;in the past few months, you should consider betting on the best athleisure stocks.



Athleisure, which essentially blends athletic and leisure wear, remains popular despite inflationary pressures due to its versatility. Its unique benefits make athleisure a more practical yet stylish choice, making it an industry worth betting on despite the macroeconomic headwinds.



Furthermore, judging from some market estimates, sitting on the fence over athleisure stocks would be a major error. According to Precedence Research, The U.S. athleisure market is <a href="https://www.precedenceresearch.com/athleisure-market">expected to grow with a CAGR 9.35%</a> from 2024 to 2033 to roughly $880 billion. Therefore, with such lofty estimates, you should consider investing in these athleisure stocks ahead of the upcoming yoga season.



<h2>Lululemon (LULU)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/07/lulu1600-300x169.jpg" alt="A close-up picture of the Lululemon (LULU) sign in the Hong Kong airport."><div>Source: Sorbis / Shutterstock.com</div></div>Lululemon&nbsp;(NASDAQ:<a href="https://investorplace.com/stock-quotes/lulu-stock-quote/" target="_blank">LULU</a>) is a leading Canadian yoga wear brand that&rsquo;s played a pioneering role in the athleisure sector. It has effectively transformed its apparel into a trendy choice for everyday wear, which has led to a steady increase over the years, reflecting its powerful market influence.



Recent results have shown that LULU has held up well despite the testing economic conditions. Top-line growth for the <a href="https://seekingalpha.com/symbol/LULU/growth">firm averaged 18.60% last year</a>, which, though it is behind its 5-year average, comfortably beats the sector median by 460%. What&rsquo;s more impressive is its bottom-line performance, boasting industry-leading profitability metrics. For instance, its YOY <a href="https://seekingalpha.com/symbol/LULU/profitability">net income and EBITDA margins</a> stand at 16% and 27%, respectively, miles ahead compared to sector averages.



Furthermore, its consistent results have helped build its operational cash balance to a whopping $2.30 billion, 132% higher than its 5-year average. However, LULU stock hasn&rsquo;t mirrored the same gains as its business in the past few years. Nevertheless, Tiprank&rsquo;s <a href="https://www.tipranks.com/stocks/lulu/forecast">analysts expect a 39% upside in LULU stock&rsquo;s price</a> from current levels.



<h2>Under Armor (UA)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2020/04/ua1600-300x169.jpg" alt="Under Armor (UA) logo in front of Under Armour store in Baltimore Harbor East"><div>Source: AuKirk / Shutterstock.com</div></div>Under Armor&nbsp;(NYSE:<a href="https://investorplace.com/stock-quotes/ua-stock-quote/">UA</a>) is a leading sports apparel, footwear, and accessories involved in its product design, marketing, and distribution. Over the years, the company has been a consistent performer, marked by roughly a 6% 5-year average revenue growth. Moreover, gross margins were at an impressive 47% over the same period, a testament to its superior execution.



However, the company has had a tough year, with a considerable slowdown in its top-line growth. Also, its stock price has taken a substantial hit, losing more than 22% of its value year-to-date (YTD), trading <a href="https://seekingalpha.com/symbol/UA/valuation/metrics">at just 0.50 times</a> forward sales estimates.



Hence, many consider UA to be a value play with robust turnaround prospects, especially after the return of the <a href="https://seekingalpha.com/news/4079200-under-armour-appoints-kevin-plank-as-ceo?source=content_type%3Areact%7Csection%3Asummary%7Csection_asset%3Aall_news%7Cfirst_level_url%3Asymbol%7Cbutton%3ATitle%7Clock_status%3ANo%7Cline%3A9">popular Kevin Plank as its CEO</a>. The partnership would look to return UA to its roots, returning to winning ways. Moreover, UA boasts a healthy cash balance of $1 billion and an additional $1.1 billion available in its credit line to continue pursuing growth initiatives.



<h2>On Holdings (ONON)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2021/10/onon-running-shoes-1600-2-300x169.jpg" alt="A photograph of a person running along the side of a road."><div>Source: It for you / Shutterstock.com</div></div>On Holdings&nbsp;(NYSE:<a href="https://investorplace.com/stock-quotes/onon-stock-quote/">ONON</a>) is a Zurich-based company that&rsquo;s been growing at a breathtaking pace over the past few years. It has established its presence as a rising star in the footwear sector, disrupting the market despite the stiff competition in the niche.



Revenues for the firm have risen <a href="https://seekingalpha.com/symbol/ONON/growth">superbly at roughly 64% </a>over the past five years. Forward sales estimates are equally impressive, at more than 33%, which is a testament to the depth of its business. Moreover, it operates as a profitable entity, with a net income margin exceeding the 4% mark, while its levered free cash flow margin is at an eye-catching 12.22%.



As we advance, the company aims to significantly expand its presence by launching 100 new stores and broadening its apparel offerings beyond footwear. Therefore, On is going full-steam ahead in taking its business to the next level, making it one of the most attractive players in its industry.



On the date of publication, Muslim Farooque did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com <a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/">Publishing Guidelines</a>.
<div>Muslim Farooque is a keen investor and an optimist at heart. A life-long gamer and tech enthusiast, he has a particular affinity for analyzing technology stocks. Muslim holds a bachelor&rsquo;s of science degree in applied accounting from Oxford Brookes University.</div><h3>More From InvestorPlace</h3>
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Not all stocks have succeeded in the bull market that began about 18 months ago. In the <a href="https://www.cnn.com/2024/04/19/investing/premarket-stocks-trading-stocks-fed-oil/index.html">current market</a>, a rising tide has not lifted all boats. In fact, there are some very notable names that are currently on the decline. Who would have predicted a year ago that names such as electric vehicle maker Tesla (NASDAQ:<a href="https://investorplace.com/stock-quotes/tsla-stock-quote/">TSLA</a>) and consumer electronics giant Apple (NASDAQ:<a href="https://investorplace.com/stock-quotes/aapl-stock-quote/">AAPL</a>) would be down by double digits and badly lagging the benchmark S&amp;P 500 index? 



Yet this is the case as the competitive landscape and consumer trends have shifted. Once true blue stocks and reliable brands can <a href="https://www.msn.com/en-ca/money/topstories/tesla-shares-drop-on-price-cuts-in-run-up-to-earnings/ar-AA1nrFcv?ocid=finance-verthp-feeds">no longer be trusted</a> to deliver outsized gains to shareholders and surpass market returns. As such, investors are having to adjust their thinking and reevaluate their approach to stock picking. Here at InvestorPlace, we aim to help and offer the following warning. These three clue-chip stocks will have you seeing red. Avoid them at all costs. 



<h2>Johnson &amp; Johnson </h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/10/jnj1600b-300x169.jpg" alt="jnj healthcare stocks"><div>Source: Raihana Asral / Shutterstock.com</div></div>Pharmaceutical giant Johnson &amp; Johnson&rsquo;s (NYSE:<a href="https://investorplace.com/stock-quotes/jnj-stock-quote/">JNJ</a>) stock has been a crushing disappointment for a long time. In the last 12 months, JNJ stock has declined nearly 10%, including a 6% drop this year. Through five years, the share price has gained a paltry 7%. Litigation related to its <a href="https://www.nytimes.com/2023/04/04/business/media/johnson-johnson-talc-settlement.html">talc baby powder </a>has weighed heavily on the stock. So too have middling financial results and a costly restructuring that hived off the company&rsquo;s underperforming <a href="https://www.jnj.com/media-center/press-releases/johnson-johnson-announces-kenvue-as-the-name-for-planned-new-consumer-health-company">consumer healthcare products</a> such as its shampoo. 



Johnson &amp; Johnson just reported its <a href="https://www.cnbc.com/2024/04/16/johnson-johnson-jnj-earnings-q1-2024.html#:~:text=J%26J's%20financial%20results%20are%20considered,per%20share%20during%20the%20quarter.">first quarter 2024 financial results</a>, and they were once again mixed. Earnings per share (<a href="https://investorplace.com/stock-quotes/eps-stock-quote/">EPS</a>) of $2.71 beat analyst expectations of $2.64. However, revenue in the quarter came in at $21.38 billion compared to $21.40 billion that was forecast on Wall Street. Johnson &amp; Johnson got a slight boost from its medical device business, where sales rose 4% from a year ago. However, the company lowered its full-year guidance, narrowing both its sales and profit outlooks. Wall Street was not impressed. 



<h2>AT&amp;T (T)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2024/02/att-t-stock1600-300x169.png" alt="AT&amp;T Retail cell phone and mobility store. T stock"><div>Source: Jonathan Weiss / Shutterstock.com</div></div>Shares of legacy telecommunications firm AT&amp;T (NYSE:<a href="https://investorplace.com/stock-quotes/t-stock-quote/">T</a>) have been firmly in the red for years now. Over the past five years, T stock had decreased 30%. So far in 2024, the company&rsquo;s share price has slid 6% lower. Even a rock bottom valuation of eight times future earnings estimates and a quarterly dividend that yields 6.81% isn&rsquo;t enough to attract investors. The company, which remains the biggest wireless carrier in America, has careened from <a href="https://www.barrons.com/articles/att-stock-price-history-7f20d6e9">one disaster to another</a> for the better part of a decade. 



The latest <a href="https://about.att.com/story/2024/addressing-data-set-released-on-dark-web.html">terrible news</a> to drag T stock lower are reports that millions of its customers&rsquo; data was published on the infamous &ldquo;dark web,&rdquo; a corner of the Internet that can only be accessed using special software. AT&amp;T said it is actively contacting more than 7.5 million impacted active customers, along with 65 million former account holders. The leak apparently involves data from 2019 and includes <a href="https://www.nbcnews.com/news/us-news/t-investigating-leak-dumped-millions-customers-data-dark-web-rcna145731">personal information</a> such as names, home addresses, phone numbers, dates of birth, and Social Security numbers. Ouch! 



<h2>Lululemon Athletica (LULU)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2022/04/lulu-1600-300x169.png" alt="Lululemon storefront in a mall. People shop inside the store among the clothes. LULU stock."><div>Source: lentamart / Shutterstock</div></div>Down nearly 30% on the year, shares of Lululemon Athletica (NASDAQ:<a href="https://investorplace.com/stock-quotes/lulu-stock-quote/">LULU</a>) are among the worst performing in the S&amp;P 500 currently. In fact, as of this writing, LULU stock is the fifth worst performing stock listed on the benchmark index. The share price has been sliding lower ever since the athletic apparel <a href="https://www.cnbc.com/2024/03/21/lululemon-lulu-earnings-q4-2023.html">company reported earnings</a> in March that showed its <a href="https://nypost.com/2024/04/04/lifestyle/lululemon-falters-as-other-luxe-brands-go-out-of-business-is-this-the-end-of-status-athletic-wear/">North American sales slowing</a>. The company reported that its Q4 2023 sales rose 9% in North America compared to 29% growth a year earlier. 



Lululemon also announced that, owing t0 declining sales, it is <a href="https://www.reuters.com/business/retail-consumer/lululemon-shutter-washington-distribution-center-lay-off-128-employees-2024-04-19/">closing a distribution center</a> in Washington state and eliminating 128 jobs. The company said it decided to close the distribution center as part of a re-evaluation of its network in the U.S. and Canada. The closure comes after Lululemon provided weak guidance, saying that for all of this year it expects sales of $10.70 billion to $10.80 billion compared with estimates of $10.90 billion. Profits are forecast at $14 to $14.20 a share compared to a $14.13 estimate on Wall Street.



On the date of publication, Joel Baglole did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines.
<div>Joel Baglole has been a business journalist for 20 years. He spent five years as a staff reporter at The Wall Street Journal, and has also written for The Washington Post and Toronto Star newspapers, as well as financial websites such as The Motley Fool and Investopedia.</div><h3>More From InvestorPlace</h3>
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The post <a href="https://investorplace.com/2024/04/warning-these-3-blue-chip-stocks-will-have-you-seeing-red/">Warning! These 3 Blue-Chip Stocks Will Have You Seeing Red</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

Warning! These 3 Blue-Chip Stocks Will Have You Seeing Red

Artisan Global Opportunities Fund Q1 2024 Commentary

Artisan Mid Cap Fund Q1 2024 Commentary

AAPL

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ADSK

BRZE

CARR

DECK

ENSG

ESTC

EWCZ

EXAS

FIGS

GDDY

HUBS

INTU

LSCC

MPWR

MSCI

NVDA

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ONON

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REGN

RELX

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Press Releases

lululemon athletica inc. Announces Third Quarter Fiscal 2023 Results, Board of Directors Authorizes $1.0 Billion Stock Repurchase Program

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lululemon Expands Its Footwear Offerings with New Casual and Performance Styles, Including the Brand's First-Ever Men's Collection

lululemon's First-of-its-Kind Women's Ultramarathon, FURTHER, Begins March 6 to Better Understand Human Performance and Challenge World Records

lululemon athletica inc. Announces Fourth Quarter and Full Year Fiscal 2023 Earnings Conference Call

Teri List Joins lululemon Board of Directors

lululemon athletica inc. Announces Fourth Quarter and Full Year Fiscal 2023 Results

lululemon Unveils Team Canada Summer Athlete Kit for Paris 2024 Olympic and Paralympic Games in Partnership with the Canadian Olympic Committee and Canadian Paralympic Committee