<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（納斯達克：LULU）股價正在崩盤，這家曾經在華爾街備受矚目的公司如今迴歸現實。股價暴跌至 260 美元，是自 2022 年 5 月以來的最低水平，比今年最高點低了 50%。</p>
<h2>不再是增長引擎</h2>
<p>Lululemon Athletica 是一家領先的加拿大公司，徹底改變了 2023 年價值超過 3530 億美元的休閒運動服行業。它仍然在該行業保持着強勁的市場份額。</p>
<p>多年來，Lululemon 取得了驚人的增長，得益於其零售和在線平台。其年收入從 2020 年的 39 億美元飆升至 2023 年的 96 億美元。</p>
<p>隨着主要城市門店數量的持續增加，這種增長持續發生。2012 年，它僅有 211 家門店，而如今已增長至 710 多家。公司希望在未來幾年繼續開設這些門店，儘管速度會放緩。</p>
<p>與此同時，公司實現了盈利增長。其淨利潤從 2020 年的 6.45 億美元增至 15 億美元以上。</p>
<p>分析師對 Lululemon 未來幾年的增長軌跡持樂觀態度。他們預計，今年公司的收入將增長 11.2%，達到 107 億美元，2025 年將達到 116.5 億美元。</p>
<p>Lululemon Athletica 長期以來一直超越分析師的預期，這意味着其業績可能會好於預期。</p>
<h2>最近的 LULU 業績</h2>
<p>最近的財務業績顯示，Lululemon 業務仍在增長。總收入增長 10%，達到 22 億美元以上。其中大部分收入增長來自其國際業務，收入增長了 35%。</p>
<p>Lululemon 的毛利潤增長 11%，達到 13 億美元以上，而營運利潤率下降至 19.6%。</p>
<p>Lululemon 增長的關鍵部分是其中國業務，在過去幾年中一直在增長。公司認為其強大的品牌定位將有助於在該國增長收入一段時間。</p>
<p>與此同時，Lululemon 正努力減少未償還股份數量。上個季度公司回購了價值 2.96 億美元的股份，並將授權額度增加了 16 億美元。</p>
<h2>風險與機遇</h2>
<p>Lululemon 股票存在許多投資者應該注意的風險和機遇，因為他們考慮是買入還是賣出。</p>
<p>Lululemon 最大的風險是休閒運動服行業不再是過去幾年的樣子。隨着許多知名品牌獲得市場份額，競爭變得更加激烈。</p>
<p>最受歡迎的公司是傳統品牌，如耐克、阿迪達斯和安德瑪。其他新近進入該行業的品牌有 Fabletics、Gap 的 Athleta、Alo Yoga 和 Vuori。</p>
<p>與其他行業一樣，這一趨勢意味着 Lululemon 需要投資於促銷和營銷以增加市場份額。這是因為在某種程度上，這些公司銷售的產品質量幾乎相同。</p>
<p>還有一個風險是該行業表現不佳，就像 ANTA Sports、耐克和安德瑪等大多數股票一樣下跌。</p>
<p>積極的一面是，Lululemon 受益於其在行業中的品牌知名度，正如其 10% 的增長率所證明的那樣。</p>
<p>另一個積極因素是公司已經成為一個便宜貨。其市盈率為 20，前瞻倍數為 17.8。相比之下，增長 9% 的標普 500 指數的倍數為 20。</p>
<p>Lululemon 的市盈率遠低於其歷史數據。其五年平均市盈率為 54，而前瞻數字為 45。這些數字意味着該股是一個便宜貨。</p>
<p>然而，在某些情況下，購買便宜的公司通常比投資於被高估的公司更具風險。例如，購買廉價的 AMC 股票的人與購買英偉達股票的人相比損失慘重。</p>
<h2>Lululemon 股價分析</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 圖表由 TradingView 提供</p>
<p>Lululemon 還存在另一個技術風險，您應該注意。在周線圖上，我們看到該股在 484.62 美元處形成了雙頂圖案。它試圖突破該水平失敗，形成了假突破圖案。</p>
<p>現在，股價已跌至 251.40 美元的雙頂頸線，是 2022 年 5 月以來的最低點。在大多數情況下，雙頂圖案是市場上最危險的圖表形態之一。</p>
<p>與此同時，該股即將形成死亡交叉，因為 200 周和 50 周移動平均線接近交叉水平。因此，基本情況是股價在 9 月 4 日的下一個財報前繼續下跌。如果發生這種情況，它將跌至 200 美元。</p>
<p>關於 Lululemon 股價的崩盤，情況可能會變得更糟。</p>

露露樂蒙

<p>路威運動（NASDAQ: LULU）股價下跌，跌至自 2022 年 5 月以來的最低水平。休閒運動服裝行業變得更加競爭激烈，對路威運動的市場份額構成風險。然而，公司的品牌知名度和低市盈率使其成為潛在的折扣股。該股票還面臨技術風險，包括雙頂形態</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（納斯達克：LULU）股價正在崩盤，這家曾經在華爾街備受矚目的公司如今迴歸現實。股價暴跌至 260 美元，是自 2022 年 5 月以來的最低水平，比今年最高點低了 50%。</p>
</div><h2>No longer a growth engine</h2>
<div class="lb-trans"><h2>不再是增長引擎</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 是一家領先的加拿大公司，徹底改變了 2023 年價值超過 3530 億美元的休閒運動服行業。它仍然在該行業保持着強勁的市場份額。</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>多年來，Lululemon 取得了驚人的增長，得益於其零售和在線平台。其年收入從 2020 年的 39 億美元飆升至 2023 年的 96 億美元。</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>隨着主要城市門店數量的持續增加，這種增長持續發生。2012 年，它僅有 211 家門店，而如今已增長至 710 多家。公司希望在未來幾年繼續開設這些門店，儘管速度會放緩。</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>與此同時，公司實現了盈利增長。其淨利潤從 2020 年的 6.45 億美元增至 15 億美元以上。</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>分析師對 Lululemon 未來幾年的增長軌跡持樂觀態度。他們預計，今年公司的收入將增長 11.2%，達到 107 億美元，2025 年將達到 116.5 億美元。</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 長期以來一直超越分析師的預期，這意味着其業績可能會好於預期。</p>
</div><h2>Recent LULU earnings</h2>
<div class="lb-trans"><h2>最近的 LULU 業績</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>最近的財務業績顯示，Lululemon 業務仍在增長。總收入增長 10%，達到 22 億美元以上。其中大部分收入增長來自其國際業務，收入增長了 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 的毛利潤增長 11%，達到 13 億美元以上，而營運利潤率下降至 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 增長的關鍵部分是其中國業務，在過去幾年中一直在增長。公司認為其強大的品牌定位將有助於在該國增長收入一段時間。</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>與此同時，Lululemon 正努力減少未償還股份數量。上個季度公司回購了價值 2.96 億美元的股份，並將授權額度增加了 16 億美元。</p>
</div><h2>Risks and opportunities</h2>
<div class="lb-trans"><h2>風險與機遇</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 股票存在許多投資者應該注意的風險和機遇，因為他們考慮是買入還是賣出。</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 最大的風險是休閒運動服行業不再是過去幾年的樣子。隨着許多知名品牌獲得市場份額，競爭變得更加激烈。</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>最受歡迎的公司是傳統品牌，如耐克、阿迪達斯和安德瑪。其他新近進入該行業的品牌有 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>與其他行業一樣，這一趨勢意味着 Lululemon 需要投資於促銷和營銷以增加市場份額。這是因為在某種程度上，這些公司銷售的產品質量幾乎相同。</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>還有一個風險是該行業表現不佳，就像 ANTA Sports、耐克和安德瑪等大多數股票一樣下跌。</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>積極的一面是，Lululemon 受益於其在行業中的品牌知名度，正如其 10% 的增長率所證明的那樣。</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>另一個積極因素是公司已經成為一個便宜貨。其市盈率為 20，前瞻倍數為 17.8。相比之下，增長 9% 的標普 500 指數的倍數為 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 的市盈率遠低於其歷史數據。其五年平均市盈率為 54，而前瞻數字為 45。這些數字意味着該股是一個便宜貨。</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，在某些情況下，購買便宜的公司通常比投資於被高估的公司更具風險。例如，購買廉價的 AMC 股票的人與購買英偉達股票的人相比損失慘重。</p>
</div><h2>Lululemon stock price analysis</h2>
<div class="lb-trans"><h2>Lululemon 股價分析</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 圖表由 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 還存在另一個技術風險，您應該注意。在周線圖上，我們看到該股在 484.62 美元處形成了雙頂圖案。它試圖突破該水平失敗，形成了假突破圖案。</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>現在，股價已跌至 251.40 美元的雙頂頸線，是 2022 年 5 月以來的最低點。在大多數情況下，雙頂圖案是市場上最危險的圖表形態之一。</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>與此同時，該股即將形成死亡交叉，因為 200 周和 50 周移動平均線接近交叉水平。因此，基本情況是股價在 9 月 4 日的下一個財報前繼續下跌。如果發生這種情況，它將跌至 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>關於 Lululemon 股價的崩盤，情況可能會變得更糟。</p>
</div>

Lululemon 股價正在崩跌；情況可能會進一步惡化