Lululemon Athletica Q4: Incessant Selling Is Unwarranted (NASDAQ:LULU) | Old North State Wealth News
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Lululemon Athletica Q4: Incessant Selling Is Unwarranted (NASDAQ:LULU)

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AzmanJaka

Introduction

The last time I wrote about Lululemon Athletica (NASDAQ:LULU), back in January 2024, I focused on the company’s third-quarter performance and highlighted how the company’s unique strategies, such as its membership program and partnerships, are boosting sales and building

Forward P/E Approach

Price Target

$520.00

Projected Forward P/E Multiple

31x

Projected FY24 EPS

$14.20

Forward PEG Ratio

1.74

FY24 Earnings Growth

18%

Projected FY24 EPS

$16.76

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