lululemon: The Market Is Overlooking Runway For Expansion

Core Insights - Lululemon Athletica (LULU) has experienced a significant decline of 40% in stock price over the last 5 years despite doubling revenue and tripling EBITDA during the same period [1] Financial Performance - The company has doubled its revenue and tripled its EBITDA, indicating strong operational performance [1] - Despite this growth, the stock price has remained flat over the last 6 years, suggesting potential market concerns or valuation issues [1] Market Context - The decline in stock price occurs in the context of high competition and market challenges faced by the company [1]