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Lululemon Athletica: Incessant Selling Is Unwarranted
LULUlululemon(LULU) Seeking Alpha·2024-04-04 06:13

AzmanJaka Introduction The last time I wrote about Lululemon Athletica (NASDAQ:LULU), back in January 2024, I focused on the company's third-quarter performance and highlighted how the company's unique strategies, such as its membership program and partnerships, are boosting sales and building a loyal fanbase. I had a BUY rating on the company. Since my article was published, the stock has slumped 23%, with the majority of these losses coming post the company's Q4 release. The S&P 500, during the same perio ...