lululemon Stock Rolls Down 51.7% YTD: Should You Buy or Beware?

lululemon athletica inc. (LULU) has seen a pullback in its share performance since the start of 2024. The recent decline in share performance is attributed to the challenges from the inflationary environment, leading to soft discretionary spending and struggles in the women's category. These factors have been collectively affecting the company's Americas business, mainly the United States. As a result, shares of this Vancouver-based luxury athletic apparel retailer have lost 51.7% in the year-to-date period ...