Apr. 29 at 2:13 AM
$LULU is starting to get interesting here.
The stock is no longer priced like a premium growth brand.
It is priced like a company the market has completely lost confidence in.
Revenue is still over
$11B, the brand is still powerful, and international growth is still strong.
The problem is North America.
If they can stabilize U.S. demand and protect margins, this could end up being a solid turnaround play.
Not an easy buy, but definitely one I am watching closely.
