Time to Buy Lululemon's (LULU) Stock for a Rebound as Q2 Earnings Approach?
lululemon(LULU) ZACKS·2024-08-29 03:50
Outside of Nvidia (NVDA) , Wall Street will be closely monitoring Q2 results from Lululemon (LULU) this week with the athletic apparel giant set to report after market hours on Thursday, August 29.Despite being renowned for its loyal customer base, Lululemon’s stock has plummeted this year on fears of a slowdown in consumer spending along with the presumptions of increased competition from the likes of Nike (NKE) , Adidas (ADDYY) , and Under Armour (UAA) .That said, let’s see if the selloff in Lululemon’s ...