Lululemon's business will crash next year, warns Jefferies’s Konik

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  • เผยแพร่เมื่อ 7 ก.ย. 2024
  • Randy Konik, Jefferies, joins 'Fast Money' to talk Lululemon's recent drop and what it signals about the athletic wear brand's business.

ความคิดเห็น • 63

  • @Brandon96712
    @Brandon96712 3 หลายเดือนก่อน +223

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    @Joseph-zw3sb 3 หลายเดือนก่อน +164

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      @Sarah-ui3vd 3 หลายเดือนก่อน

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      @MileyHumphrey-ql4jp 3 หลายเดือนก่อน

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  • @cozyslor
    @cozyslor 3 หลายเดือนก่อน +17

    Here's all you need to know; The Lulu customer is a loyal customer. They are the high-end brand with great brand recognition. I'm not saying the current price is fair, but the product and brand are solid.

  • @user-yq7rr9lh9c
    @user-yq7rr9lh9c 3 หลายเดือนก่อน +31

    That's a buy signal for me, Jefferies analysts are the worst.

  • @andrelin0913
    @andrelin0913 3 หลายเดือนก่อน +26

    To be honest, he sounds like he is shorting on Lulu😂

    • @robertbruceryan
      @robertbruceryan 3 หลายเดือนก่อน +4

      My thought exactly. Manipulation in full force.

  • @nadia36
    @nadia36 3 หลายเดือนก่อน +13

    His argument is really stupid. Lululemon also makes wide leg pants. The quality is what differentiates Lululemon and it will continue being n1 when thinking of athleisure.

  • @evanmurphy7824
    @evanmurphy7824 3 หลายเดือนก่อน +10

    The wide leg Lulu pants I wanted to get my girlfriend were sold out for 3 months. What is this guy even saying

  • @will7446
    @will7446 3 หลายเดือนก่อน +8

    When even guys on TV say its all doom and gloom, BULLISH!

  • @rebeccaweinerman3244
    @rebeccaweinerman3244 3 หลายเดือนก่อน +4

    As a large consumer of athleisure wear and loyal customer of Lulu i do not agree with this at all. The stores have an entire section dedicated to leggings. I have bought clothes from many other similar companies and they do not compare to lulu at all

    • @jessie9653
      @jessie9653 3 หลายเดือนก่อน

      Amen

  • @mbrum3230
    @mbrum3230 3 หลายเดือนก่อน +4

    Yes it will be very hard for lulu to put different pants on the shelves.

  • @wheatandtares9764
    @wheatandtares9764 3 หลายเดือนก่อน +3

    According to his Tipranks ranking if I went to a casino did 100 bets with 100$ and put each dollar I bet with on black my probability of performing better than him would be higher.

    • @robertbruceryan
      @robertbruceryan 3 หลายเดือนก่อน +2

      Dude is right 47% of the time.
      2.6 % return rate per Tipranks. So…🤦‍♂️why are we listing to him?

  • @djdag2000
    @djdag2000 3 หลายเดือนก่อน +2

    I bought

  • @bodhi2932
    @bodhi2932 3 หลายเดือนก่อน +2

    Well, we’ll just see about that…

  • @leestringer
    @leestringer 2 หลายเดือนก่อน

    The news follows the price folks. Never forget that.

  • @shivendhawan6673
    @shivendhawan6673 2 หลายเดือนก่อน

    The markets almost always underestimate a high upside stock like LULU. The company's got a comp advantage w their quality and little to none advertising expenses unlike the giant. Seeing this as a major buy signal!

  • @suvarnaChaganti
    @suvarnaChaganti 3 หลายเดือนก่อน +1

    Lululemon products are always great..

  • @InVirginia
    @InVirginia 3 หลายเดือนก่อน +3

    Short attack.

  • @jcd3869
    @jcd3869 3 หลายเดือนก่อน

    This guy needs a labotomy. He made sooo many bad assumptions but I thank him for letting me PILE IN at 300 and now were at 340 and heading to 450-500 post Q1 earnings beat, EPS raise for 24' and huge buyback. Either he was reeeeeaaaally bad at his job or was shorting the stock at the time he was interviewed.

  • @lekang8179
    @lekang8179 3 หลายเดือนก่อน +2

    don't believe thia guy, someone want to buy lulu at lower price, that's why you see negative news everyday.

  • @azeemali7102
    @azeemali7102 3 หลายเดือนก่อน

    Amazing how it's all made in various countries!

  • @rikiieiam
    @rikiieiam 3 หลายเดือนก่อน +8

    Thats the stupidest arguemrnt ive ever heard… wide leg, not skinny so bankrupcy…. The company has no debt. Has billions on their bank account. HORRIBLE ONE TO INVEST IN😅😅😅

    • @AM-lz2jr
      @AM-lz2jr 3 หลายเดือนก่อน +4

      theyre trying to buy low

    • @rikiieiam
      @rikiieiam 3 หลายเดือนก่อน +1

      That explains their price target tho.

    • @metaphysical6504
      @metaphysical6504 หลายเดือนก่อน

      im from the future. he was right.

    • @rikiieiam
      @rikiieiam หลายเดือนก่อน

      We dont play this game on monthly bases. Lets see how it end us. Mr future could come back in cpl of years

    • @metaphysical6504
      @metaphysical6504 หลายเดือนก่อน

      @@rikiieiam you're playing a "game" of long term holding. He's already hit his target price. While I don't think Lulu is by any means going out of business, you certainly cannot overlook his points about market share being taken away by companies like Alo.

  • @bdml77
    @bdml77 3 หลายเดือนก่อน +1

    Buy signal

  • @fredm.2699
    @fredm.2699 3 หลายเดือนก่อน

    “Lulu lemon is losing its grip.” Lmao Melissa 👀👀👀👀👀 she got jokes

  • @tammywasylyk5089
    @tammywasylyk5089 3 หลายเดือนก่อน +1

    Also, always out of stock

  • @asdf38009
    @asdf38009 3 หลายเดือนก่อน

    hes right. idk about a price crash but lulu def has alot of comp. now

  • @audioplatform6299
    @audioplatform6299 3 หลายเดือนก่อน

    This woman's hairdo(wig) is sooo funny. Lol

    • @AM-lz2jr
      @AM-lz2jr 3 หลายเดือนก่อน

      what makes you think its a wig

    • @audioplatform6299
      @audioplatform6299 3 หลายเดือนก่อน

      ​@@AM-lz2jr I am following CNBC for past 5 years and I see her almost every week.. Plus Simple power of observation looking at the hairline.

    • @bdml77
      @bdml77 3 หลายเดือนก่อน

      Lol

    • @bdml77
      @bdml77 3 หลายเดือนก่อน

      ​@@AM-lz2jr zoom in

  • @vanessazannis5523
    @vanessazannis5523 3 หลายเดือนก่อน

    The quality has dropped so low it’s surprising. At the same time the price has gone up. Lulu used to make great wide bottom pants. I’ll personally never buy another pair

  • @richardmaynardd
    @richardmaynardd 3 หลายเดือนก่อน +4

    This analyst is 100% right. Lululemon is still very overvalued. Increasing competition, weaker demand and greater costs will drive the stock down to the levels he is predicting.

    • @robertbruceryan
      @robertbruceryan 3 หลายเดือนก่อน +1

      This narrative has been playing out for many years. And yet…

    • @bdml77
      @bdml77 3 หลายเดือนก่อน

      Nope

    • @richardmaynardd
      @richardmaynardd 3 หลายเดือนก่อน

      @@bdml77 Watch the earnings.

  • @ganamigauri7480
    @ganamigauri7480 3 หลายเดือนก่อน +1

    Thank you Jeff! You always give me a chance to buy cheap and makes me rich😂 keep up the worst job for me❤

  • @FrankGallagherr
    @FrankGallagherr 2 หลายเดือนก่อน

    Hilarious

  • @davidtothemax1
    @davidtothemax1 3 หลายเดือนก่อน

    damn this clown was so wrong

    • @davidtothemax1
      @davidtothemax1 หลายเดือนก่อน

      damn this clown was so right

    • @tubemasterlegend
      @tubemasterlegend หลายเดือนก่อน

      ​@@davidtothemax1 xd

  • @WallStreetSilver777
    @WallStreetSilver777 3 หลายเดือนก่อน

    LULU pants! I don't see them on girls booty post covid.... It were always expensive. Short LULU

    • @maxmos5477
      @maxmos5477 3 หลายเดือนก่อน +1

      Just went to the gym today. Almost all the girls wore Lulu.

    • @rawlvee
      @rawlvee 2 หลายเดือนก่อน

      went to a summer camp everyone had Lulu