Why Lululemon Athletica Could Be Your Next Stock Pick
Saturday, 18 May 2024, 10:45
Why Lululemon Athletica stands out
The challenges
- Lululemon's sales growth slowed to 9% in the U.S.
- The stock is priced at a premium based on sales compared to Nike.
Lululemon is poised for growth
- The retailer is expanding internationally and diversifying its product offerings.
- Financially, Lululemon has shown strong revenue and profit margin improvements.
Price and finances
Despite a temporary dip in growth, long-term investors might find LULU shares attractive at a discount.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.