<p><img src="https://imageproxy.pbkrs.com/https://invezz.com/wp-content/uploads/2023/03/172549019-m-normal-none.jpg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" width="2508" height="1672" original-src="https://imageproxy.pbkrs.com/https://invezz.com/wp-content/uploads/2023/03/172549019-m-normal-none.jpg"/></p>
<p>Lululemon（纳斯达克：LULU）股价正在崩盘，这家曾经在华尔街备受瞩目的公司如今回归现实。股价暴跌至 260 美元，是自 2022 年 5 月以来的最低水平，比今年最高点低了 50%。</p>
<h2>不再是增长引擎</h2>
<p>Lululemon Athletica 是一家领先的加拿大公司，彻底改变了 2023 年价值超过 3530 亿美元的休闲运动服行业。它仍然在该行业保持着强劲的市场份额。</p>
<p>多年来，Lululemon 取得了惊人的增长，得益于其零售和在线平台。其年收入从 2020 年的 39 亿美元飙升至 2023 年的 96 亿美元。</p>
<p>随着主要城市门店数量的持续增加，这种增长持续发生。2012 年，它仅有 211 家门店，而如今已增长至 710 多家。公司希望在未来几年继续开设这些门店，尽管速度会放缓。</p>
<p>与此同时，公司实现了盈利增长。其净利润从 2020 年的 6.45 亿美元增至 15 亿美元以上。</p>
<p>分析师对 Lululemon 未来几年的增长轨迹持乐观态度。他们预计，今年公司的收入将增长 11.2%，达到 107 亿美元，2025 年将达到 116.5 亿美元。</p>
<p>Lululemon Athletica 长期以来一直超越分析师的预期，这意味着其业绩可能会好于预期。</p>
<h2>最近的 LULU 业绩</h2>
<p>最近的财务业绩显示，Lululemon 业务仍在增长。总收入增长 10%，达到 22 亿美元以上。其中大部分收入增长来自其国际业务，收入增长了 35%。</p>
<p>Lululemon 的毛利润增长 11%，达到 13 亿美元以上，而营运利润率下降至 19.6%。</p>
<p>Lululemon 增长的关键部分是其中国业务，在过去几年中一直在增长。公司认为其强大的品牌定位将有助于在该国增长收入一段时间。</p>
<p>与此同时，Lululemon 正努力减少未偿还股份数量。上个季度公司回购了价值 2.96 亿美元的股份，并将授权额度增加了 16 亿美元。</p>
<h2>风险与机遇</h2>
<p>Lululemon 股票存在许多投资者应该注意的风险和机遇，因为他们考虑是买入还是卖出。</p>
<p>Lululemon 最大的风险是休闲运动服行业不再是过去几年的样子。随着许多知名品牌获得市场份额，竞争变得更加激烈。</p>
<p>最受欢迎的公司是传统品牌，如耐克、阿迪达斯和安德玛。其他新近进入该行业的品牌有 Fabletics、Gap 的 Athleta、Alo Yoga 和 Vuori。</p>
<p>与其他行业一样，这一趋势意味着 Lululemon 需要投资于促销和营销以增加市场份额。这是因为在某种程度上，这些公司销售的产品质量几乎相同。</p>
<p>还有一个风险是该行业表现不佳，就像 ANTA Sports、耐克和安德玛等大多数股票一样下跌。</p>
<p>积极的一面是，Lululemon 受益于其在行业中的品牌知名度，正如其 10% 的增长率所证明的那样。</p>
<p>另一个积极因素是公司已经成为一个便宜货。其市盈率为 20，前瞻倍数为 17.8。相比之下，增长 9% 的标普 500 指数的倍数为 20。</p>
<p>Lululemon 的市盈率远低于其历史数据。其五年平均市盈率为 54，而前瞻数字为 45。这些数字意味着该股是一个便宜货。</p>
<p>然而，在某些情况下，购买便宜的公司通常比投资于被高估的公司更具风险。例如，购买廉价的 AMC 股票的人与购买英伟达股票的人相比损失惨重。</p>
<h2>Lululemon 股价分析</h2>
<p><img src="https://imageproxy.pbkrs.com/https://invezz.com/wp-content/uploads/2024/07/Lululemon-Stock-1-1024x569.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" width="1024" height="569" original-src="https://imageproxy.pbkrs.com/https://invezz.com/wp-content/uploads/2024/07/Lululemon-Stock-1-1024x569.png"/></p>
<p>LULU 图表由 TradingView 提供</p>
<p>Lululemon 还存在另一个技术风险，您应该注意。在周线图上，我们看到该股在 484.62 美元处形成了双顶图案。它试图突破该水平失败，形成了假突破图案。</p>
<p>现在，股价已跌至 251.40 美元的双顶颈线，是 2022 年 5 月以来的最低点。在大多数情况下，双顶图案是市场上最危险的图表形态之一。</p>
<p>与此同时，该股即将形成死亡交叉，因为 200 周和 50 周移动平均线接近交叉水平。因此，基本情况是股价在 9 月 4 日的下一个财报前继续下跌。如果发生这种情况，它将跌至 200 美元。</p>
<p>关于 Lululemon 股价的崩盘，情况可能会变得更糟。</p>

露露乐蒙

<p>路威运动（NASDAQ: LULU）股价下跌，跌至自 2022 年 5 月以来的最低水平。休闲运动服装行业变得更加竞争激烈，对路威运动的市场份额构成风险。然而，公司的品牌知名度和低市盈率使其成为潜在的折扣股。该股票还面临技术风险，包括双顶形态</p>

<p><img src="https://imageproxy.pbkrs.com/https://invezz.com/wp-content/uploads/2023/03/172549019-m-normal-none.jpg" alt="" original-src="https://invezz.com/wp-content/uploads/2023/03/172549019-m-normal-none.jpg"/></p>
<p>Lululemon (NASDAQ: LULU) stock price is falling apart, as a company that was once red-hot in Wall Street comes back to earth. It has tumbled to a low of $260, its lowest level since May 2022 and 50% below its highest point this year.</p>
<div class="lb-trans"><p>Lululemon（纳斯达克：LULU）股价正在崩盘，这家曾经在华尔街备受瞩目的公司如今回归现实。股价暴跌至 260 美元，是自 2022 年 5 月以来的最低水平，比今年最高点低了 50%。</p>
</div><h2>No longer a growth engine</h2>
<div class="lb-trans"><h2>不再是增长引擎</h2>
</div><p>Lululemon Athletica is a leading Canadian company that has revolutionised the athleisure industry which was worth over $353 billion in 2023. It still maintains a commanding market share in the industry.</p>
<div class="lb-trans"><p>Lululemon Athletica 是一家领先的加拿大公司，彻底改变了 2023 年价值超过 3530 亿美元的休闲运动服行业。它仍然在该行业保持着强劲的市场份额。</p>
</div><p>Lululemon has had a spectacular growth over the years, helped by its retail and online platforms. Its annual revenue has soared from over $3.9 billion in 2020 to over $9.6 billion in 2023.</p>
<div class="lb-trans"><p>多年来，Lululemon 取得了惊人的增长，得益于其零售和在线平台。其年收入从 2020 年的 39 亿美元飙升至 2023 年的 96 亿美元。</p>
</div><p>This growth happened as the number of stores in major cities continued rising. It had just 211 stores in 2012, a number that has grown to over 710 today. It hopes to continue opening these stores, albeit at a slower pace in the next few years.</p>
<div class="lb-trans"><p>随着主要城市门店数量的持续增加，这种增长持续发生。2012 年，它仅有 211 家门店，而如今已增长至 710 多家。公司希望在未来几年继续开设这些门店，尽管速度会放缓。</p>
</div><p>At the same time, the company has achieved profitable growth. Its net profit rose from $645 million in 2020 to over $1.5 billion.</p>
<div class="lb-trans"><p>与此同时，公司实现了盈利增长。其净利润从 2020 年的 6.45 亿美元增至 15 亿美元以上。</p>
</div><p>Analysts are optimistic that Lululemon can continue its growth trajectory in the next few years. For the year, analysts expect that its revenue will jump by 11.2% to $10.7 billion followed by $11.65 billion in 2025.</p>
<div class="lb-trans"><p>分析师对 Lululemon 未来几年的增长轨迹持乐观态度。他们预计，今年公司的收入将增长 11.2%，达到 107 亿美元，2025 年将达到 116.5 亿美元。</p>
</div><p>Lululemon Athletica has a long history of beating analysts estimates, meaning that its numbers will likely be better than expected.</p>
<div class="lb-trans"><p>Lululemon Athletica 长期以来一直超越分析师的预期，这意味着其业绩可能会好于预期。</p>
</div><h2>Recent LULU earnings</h2>
<div class="lb-trans"><h2>最近的 LULU 业绩</h2>
</div><p>The most recent financial results revealed that Lululemon business was still growing. Total revenue rose by 10% to over $2.2 billion. Most of this revenue growth came from its international segment where revenue rose by 35%.</p>
<div class="lb-trans"><p>最近的财务业绩显示，Lululemon 业务仍在增长。总收入增长 10%，达到 22 亿美元以上。其中大部分收入增长来自其国际业务，收入增长了 35%。</p>
</div><p>Lululemon’s gross profit jumped by 11% to over $1.3 billion while the operating margin fell to 19.6%.</p>
<div class="lb-trans"><p>Lululemon 的毛利润增长 11%，达到 13 亿美元以上，而营运利润率下降至 19.6%。</p>
</div><p>A key part of Lululemon’s growth has been its Chinese business, which has been growing in the past few years. The company believes that its strong brand positioning will help it to grow its revenues in the country for a while.</p>
<div class="lb-trans"><p>Lululemon 增长的关键部分是其中国业务，在过去几年中一直在增长。公司认为其强大的品牌定位将有助于在该国增长收入一段时间。</p>
</div><p>At the same time, Lululemon is working to return the number of outstanding shares. It repurchased shares worth $296 million in the last quarter and has increased its authorization by $1.6 billion.</p>
<div class="lb-trans"><p>与此同时，Lululemon 正努力减少未偿还股份数量。上个季度公司回购了价值 2.96 亿美元的股份，并将授权额度增加了 16 亿美元。</p>
</div><h2>Risks and opportunities</h2>
<div class="lb-trans"><h2>风险与机遇</h2>
</div><p>Lululemon stock has numerous risks and opportunities that investors should be aware about as they consider whether to buy the dip or sell the rip.</p>
<div class="lb-trans"><p>Lululemon 股票存在许多投资者应该注意的风险和机遇，因为他们考虑是买入还是卖出。</p>
</div><p>The biggest risk for Lululemon is that the athleisure industry is not what it used to be in the past few years. It has become more competitive with many well-known brands gaining market share.</p>
<div class="lb-trans"><p>Lululemon 最大的风险是休闲运动服行业不再是过去几年的样子。随着许多知名品牌获得市场份额，竞争变得更加激烈。</p>
</div><p>The most popular companies are traditional names like Nike, Adidas, and Under Armour. Other newer brands have entered the industry. Some of the newer companies that are taking market share are the likes of Fabletics, Gap’s Athleta, Alo Yoga, and Vuori.</p>
<div class="lb-trans"><p>最受欢迎的公司是传统品牌，如耐克、阿迪达斯和安德玛。其他新近进入该行业的品牌有 Fabletics、Gap 的 Athleta、Alo Yoga 和 Vuori。</p>
</div><p>As with other industries, this trend means that Lululemon will need to invest in promotions and marketing to grow its market share. That’s because, to some extent, these companies sell products that are almost of the same quality.</p>
<div class="lb-trans"><p>与其他行业一样，这一趋势意味着 Lululemon 需要投资于促销和营销以增加市场份额。这是因为在某种程度上，这些公司销售的产品质量几乎相同。</p>
</div><p>There is also a risk that the industry is not doing well as most stocks like ANTA Sports, Nike, and Under Armour have tanked.</p>
<div class="lb-trans"><p>还有一个风险是该行业表现不佳，就像 ANTA Sports、耐克和安德玛等大多数股票一样下跌。</p>
</div><p>On the positive side, Lululemon is benefiting from its brand recognition in the industry, as evidenced by its 10% growth rate.</p>
<div class="lb-trans"><p>积极的一面是，Lululemon 受益于其在行业中的品牌知名度，正如其 10% 的增长率所证明的那样。</p>
</div><p>The other positive is that the company has become a bargain. Its price-to-earnings ratio of 20 and a forward multiple of 17.8. In contrast, the S&amp;P 500 index, which is growing by 9% has a multiple of 20.</p>
<div class="lb-trans"><p>另一个积极因素是公司已经成为一个便宜货。其市盈率为 20，前瞻倍数为 17.8。相比之下，增长 9% 的标普 500 指数的倍数为 20。</p>
</div><p>Lululemon’s P/E multiples are much lower than its historical numbers. Its five-year average of P/E ratio stands at 54 while the forward number sits at 45. These numbers mean that the stock is a bargain.</p>
<div class="lb-trans"><p>Lululemon 的市盈率远低于其历史数据。其五年平均市盈率为 54，而前瞻数字为 45。这些数字意味着该股是一个便宜货。</p>
</div><p>However, in some cases, buying bargain companies is usually riskier than investing in companies that are overvalued. For example, people who bought the cheap AMC stock have lost a fortune compared to those who bought Nvidia.</p>
<div class="lb-trans"><p>然而，在某些情况下，购买便宜的公司通常比投资于被高估的公司更具风险。例如，购买廉价的 AMC 股票的人与购买英伟达股票的人相比损失惨重。</p>
</div><h2>Lululemon stock price analysis</h2>
<div class="lb-trans"><h2>Lululemon 股价分析</h2>
</div><p><img src="https://imageproxy.pbkrs.com/https://invezz.com/wp-content/uploads/2024/07/Lululemon-Stock-1-1024x569.png" alt="" original-src="https://invezz.com/wp-content/uploads/2024/07/Lululemon-Stock-1-1024x569.png"/></p>
<p>LULU chart by TradingView</p>
<div class="lb-trans"><p>LULU 图表由 TradingView 提供</p>
</div><p>Lululemon has another technical risk that you should be aware of. On the weekly chart, we see that the stock formed a double-top pattern at $484.62. Its attempt to move above that level failed as the stock formed a false breakout pattern.</p>
<div class="lb-trans"><p>Lululemon 还存在另一个技术风险，您应该注意。在周线图上，我们看到该股在 484.62 美元处形成了双顶图案。它试图突破该水平失败，形成了假突破图案。</p>
</div><p>Now, the shares have dropped to the double top’s neckline at $251.40, its lowest swing in May 2022. In most cases, a double-top chart pattern is one of the most dangerous chart patterns in the market.</p>
<div class="lb-trans"><p>现在，股价已跌至 251.40 美元的双顶颈线，是 2022 年 5 月以来的最低点。在大多数情况下，双顶图案是市场上最危险的图表形态之一。</p>
</div><p>At the same time, the stock is about to form a death cross as the 200-week and 50-week moving averages near their crossover levels. Therefore, the base case is where the stock continues falling ahead of its next earnings on 4th September. If this happens, it will drop to the next point at $200.</p>
<div class="lb-trans"><p>与此同时，该股即将形成死亡交叉，因为 200 周和 50 周移动平均线接近交叉水平。因此，基本情况是股价在 9 月 4 日的下一个财报前继续下跌。如果发生这种情况，它将跌至 200 美元。</p>
</div><p>The post Lululemon stock price is falling apart; it could get worse appeared first on Invezz</p>
<div class="lb-trans"><p>关于 Lululemon 股价的崩盘，情况可能会变得更糟。</p>
</div>

Lululemon 股价正在崩跌；情况可能会进一步恶化