lululemon (LULU) Trades Near 52-Week Low: Should You Buy, Hold, or Sell?
LULUlululemon(LULU) ZACKS·2024-08-09 01:51

lululemon athletica inc. (LULU) has displayed a choppy graph in recent months, operating against a backdrop of curtailed consumer discretionary spending, owing to rising inflation and higher interest rates. Additionally, the company's strong presence in the mature North America market and recent inventory challenges have contributed to a decrease in its share price. As a result, this Vancouver-based retailer of luxury athletic apparel, footwear and accessories hit a new 52-week low of $226.01 on Aug 5, 2024 ...