Lululemon's China Comeback, Analyst Sees 60% Q3 Growth
Lululemon's China Comeback, Analyst Sees 60% Q3 Growth
Although monthly sales can be volatile, the analyst maintained the estimate of 60% growth for the quarter, adding 300 basis points to total sales growth compared to the second quarter.BofA Securities analyst Lorraine Hutchinson reiterated a Buy rating at Lululemon Athletica Inc. (NASDAQ:LULU) with a price target of $355.
美國銀行證券分析師洛林·哈欽森重申了對Lululemon Athletica Inc.（納斯達克：LULU）的買入評級，目標價爲355美元。
The analyst says that the data shows that LULU's sales in China have picked up momentum in the third quarter to date, following a slowdown in the second quarter.
分析師表示數據顯示，LULU中國的銷售在截至第三季度的動能有所提升，此前在第二季度出現放緩。
Notably, Meritco's data shows that Lululemon's China sales increased by 48% in August and 67% in September, with a 98.4% correlation to reported sales. This marks a significant rebound from the second quarter.
值得注意的是，Meritco的數據顯示，Lululemon的中國銷售在8月增長了48%，9月增長了67%，與報告的銷售有98.4%的相關性。這標誌着與第二季度相比的顯着反彈。
Although monthly sales can be volatile, the analyst maintained the estimate of 60% growth for the quarter, adding 300 basis points to total sales growth compared to the second quarter.
儘管月銷售可能會波動，但分析師仍維持本季度60%的增長預期，較第二季度總銷售增長增加300個點子。
The analyst writes that they have long regarded China as a significant growth opportunity, and this positive trend reinforces their confidence in LULU's diverse growth avenues.
分析師表示長期以來一直認爲中國是一個重要的增長機會，這一積極趨勢進一步增強了他們對LULU多樣化增長途徑的信心。
While still a small portion of total revenues, China plays a crucial role in Lululemon's growth. Sales increased by 33% (+40% ccy) in FY22, 67% (+75% ccy) in FY23, and 39% year-to-date, with China accounting for 13% of total revenues, adds the analyst.
儘管仍然佔總營業收入的一小部分，但中國在Lululemon的增長中起着至關重要的作用。分析師補充說，FY22銷售增長了33%（+40%外幣），FY23增長了67%（+75%外幣），截至目前爲止，中國佔總營業收入的13%，
The analyst writes that Lululemon's long-term plan aims for a fourfold increase in international revenue by 2026, with China as a key component of this growth trajectory.
分析師寫道，Lululemon的長期計劃旨在到2026年將國際收入增加四倍，中國是這一增長軌跡的關鍵組成部分。
Read: Lululemon Set For Strong Global Growth Despite Mixed US Trends: Analysts Eye China As Key Driver For 2024-2026 Expansion
閱讀：儘管美國的趨勢莫衷一是，Lululemon預計全球增長強勁：分析師認爲中國將成爲2024-2026年擴張的主要驅動力
Investors can gain exposure to the stock via Pacer US Cash Cows Growth ETF (NYSE:BUL) and Invesco S&P 500 Equal Weight Consumer Discretionary ETF (NYSE:RSPD).
投資者可以通過pacer fds tr us cash cows growth etf（紐交所:BUL）和景順標普500等權消費者自由裁量性etf（紐交所:RSPD）獲得該股票的暴露。
Price Action: LULU shares are down 0.68% at $319.00 at the last check Monday.
價格走勢：LULU股價在上週一最後交易時下跌0.68%，報319.00美元。
Image: Pedro Alvarez from Pixabay
圖片：來自Pixabay的Pedro Alvarez
- Lululemon 'Fresh And Unique,' Shows Promise Thanks To China Opportunity, Growth Push Say Analysts
- Lululemon「新鮮獨特」，在中國機遇和增長推動下展現潛力，分析師表示
譯文內容由第三人軟體翻譯。
