Lululemon Athletica: Quality Rarely Trades At A Discount
lululemon(LULU) Seeking Alpha·2024-09-04 08:30
JHVEPhoto Introduction Lululemon (NASDAQ:LULU) (NEOE:LULU:CA) (TSX:LLL:CA) — the most popular yoga-inspired, premium, athleisure brand — reported mixed Q2 earnings results. By my expectations, it was a rather underwhelming report. For one, growth continued to slow down, which could be a symptom of weak consumer sentiment, market saturation, and increasing competition. I've recently written a deep dive article highlighting 10 reasons to buy Lululemon stock and since then, the stock has fallen by about 10 ...