Purchase Details

Company: Lululemon Athletica
Ticker:LULU
Yahoo Beta:0.15
Industry:Textile - apparel clothing

Company Description:  Lululemon sells athletic apparel. The company offers products onliine and at company-owned brick and mortar stores.

Purchase Date:25 Oct 2017
Purchase Price:$61.30
  --Split Adjusted:$61.30
Shares Purchased:15
  --Split Adjusted:15
Transaction Fee:$6.95
Price Range (6 Months Prior):    
High$63.83
Date23 Oct 2017
Low$47.91
Date30 May 2017
S&P (Purchase Date):$2,549.13

Timing:  We bought near the six-month high.
Reason:  Lululemon has a strong brand in women's athletic wear. The company offers a number of lines with different styles and different fabrics. The company has benefited from the trend toward "athleisure" clothing. The company has been successful with an omni-channel model. We bought in anticipation of growth in the company's men's lines, expansion into Asia, and expected increases in shoe sales. The company has strong margins and has been improving its cost structure through supply chain efficiencies.

Total Spent:   $926.45