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Is lululemon athletica (LULU) Stock Outpacing Its Consumer Discretionary Peers This Year?

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Investors interested in Consumer Discretionary stocks should always be looking to find the best-performing companies in the group. lululemon athletica (LULU - Free Report) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? One simple way to answer this question is to take a look at the year-to-date performance of LULU and the rest of the Consumer Discretionary group's stocks.

lululemon athletica is one of 245 companies in the Consumer Discretionary group. The Consumer Discretionary group currently sits at #13 within the Zacks Sector Rank. The Zacks Sector Rank includes 16 different groups and is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors.

The Zacks Rank is a successful stock-picking model that emphasizes earnings estimates and estimate revisions. The system highlights a number of different stocks that could be poised to outperform the broader market over the next one to three months. LULU is currently sporting a Zacks Rank of #2 (Buy).

Over the past three months, the Zacks Consensus Estimate for LULU's full-year earnings has moved 3.99% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.

According to our latest data, LULU has moved about 58.98% on a year-to-date basis. At the same time, Consumer Discretionary stocks have gained an average of 6.41%. This shows that lululemon athletica is outperforming its peers so far this year.

Looking more specifically, LULU belongs to the Textile - Apparel industry, a group that includes 24 individual stocks and currently sits at #74 in the Zacks Industry Rank. Stocks in this group have gained about 21.95% 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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