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Is lululemon athletica (LULU) Outperforming Other Consumer Discretionary Stocks This Year?

Zacks Equity Research
Updated
BOJA vs. SBUX: Which Stock Is the Better Value Option?

Investors focused on the Consumer Discretionary space have likely heard of lululemon athletica (LULU), but is the stock performing well in comparison to the rest of its sector peers? A quick glance at the company's year-to-date performance in comparison to the rest of the Consumer Discretionary sector should help us answer this question.

lululemon athletica is one of 245 companies in the Consumer Discretionary group. The Consumer Discretionary group currently sits at #11 within the Zacks Sector Rank. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual stocks within the groups is measured, and the sectors are listed from best to worst.

The Zacks Rank emphasizes earnings estimates and estimate revisions to find stocks with improving earnings outlooks. This system has a long record of success, and these stocks tend to be on track to beat the market over the next one to three months. LULU is currently sporting a Zacks Rank of #1 (Strong Buy).

The Zacks Consensus Estimate for LULU's full-year earnings has moved 4.24% higher within the past quarter. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.

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Based on the most recent data, LULU has returned 56.48% so far this year. In comparison, Consumer Discretionary companies have returned an average of 5.66%. This means that lululemon athletica is outperforming the sector as a whole this year.

Looking more specifically, LULU belongs to the Textile - Apparel industry, which includes 24 individual stocks and currently sits at #22 in the Zacks Industry Rank. Stocks in this group have gained about 23.50% so far this year, so LULU is performing better this group in terms of year-to-date returns.

LULU will likely be looking to continue its solid performance, so investors interested Consumer Discretionary stocks should continue to pay close attention to the company.


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