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

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The Consumer Discretionary group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Is lululemon athletica (LULU - Free Report) one of those stocks right now? 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 a member of our Consumer Discretionary group, which includes 243 different companies and currently sits at #10 in 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 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 #1 (Strong Buy).

Over the past three months, the Zacks Consensus Estimate for LULU's full-year earnings has moved 11.20% higher. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.

According to our latest data, LULU has moved about 91.18% on a year-to-date basis. Meanwhile, stocks in the Consumer Discretionary group have gained about 3.68% on average. 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 12 individual stocks and currently sits at #40 in the Zacks Industry Rank. Stocks in this group have gained about 22.13% 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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