Is It Time to Buy the Dip in Lululemon Stock?

There's little to complain about Lululemon Athletica's (LULU 0.31%) performance over the last five years. At least, not after excluding the ill-timed acquisition of at-home fitness start-up Mirror during the pandemic. I forgive Lululemon. We all made some regrettable purchases in 2020. In all seriousness, though, the company is putting up incredible numbers and has become a standout investment in the apparel industry. After the recent stock price dip following the last earnings update for 2023, it's getting ...