Lululemon: Now A Compelling Valuation Case, Shares Near Critical Support

Althom Lululemon (NASDAQ:LULU) has been among the worst-performing stocks in the S&P 500 so far this year. The athleisure retailer has struggled amid shifting consumer preferences and new competition in what’s often a somewhat low-margin business. What’s more, there are growing signs that many consumer cohorts are coming under pressure amid a rising unemployment rate and cooling wage gains.  We’ll get a fresh read on that front on Tuesday morning this week with the June Retail Sales report put out by th ...