Time to Buy or Sell Lululemon's (LULU) Stock as Q1 Earnings Approach?

Over the years, Lululemon’s (LULU)  stock has been a Wall Street darling due to the company’s popularity and growth as a leading athletic apparel retailer with a very loyal customer base.However, LULU has now dropped -46% year to date with the decline sparked by lower-than-expected guidance for fiscal 2024. In this regard, Lululemon expects 10%-11% net revenue growth this year which is certainly solid expansion but fell below many analysts' lofty expectations.That said, let’s see if it’s time to buy or sell ...