Lululemon: Only Getting More Attractive As Negative Sentiment Prevails
LULUlululemon(LULU) Seeking Alpha·2024-07-27 15:13

jetcityimage/iStock Editorial via Getty Images Lululemon (NASDAQ:LULU), (TSX:LLL:CA), (NEOE:LULU:CA) has taken a beating in 2024. The stock is the second worst performer in the S&P 500, even as the index sits near all-time highs. What's more, LULU began underperforming the S&P 1500 Apparel Retail index, a broad proxy for its overall industry, early in the year. YCharts My previous article covered the quality of Lululemon's model and its demonstrated pricing power - of which little has seemed to change. Lulu ...