Jan. 17 at 6:51 PM
$LULU update on earnings dated 1/12. That day the stock went from 203 up to 211. Nothing has changed except losing all those gains on the planned tariff delay last wed. Which was used to push most retail consimer stocks down. The CFO just reiterated a good quarter due to the holiday season. Once again this has no business being near 200 imo. At 4.76 eps you are looking at
$558M profit. The market cap is only
$23B. 4Q last year was
$3.61B. its projected just below that number. The difference is......LULU was worth over
$400 a share the entire January 2025 and market cap over
$46B. Tariffs alone dont justify half the price lf a company still producing well. New CEO needs to be announced. Asap. We are not wrong here, but they need to stop the bleeding before stop losses can be hit for some.