In a challenging macro environment, $lululemon athletica(LULU)$ , known as the "middle-class reaper," has achieved counter-trend growth, with net revenue and net profit both increasing in the second quarter, and revenue in the Chinese market soaring by 61%. On Thursday, Lululemon released its second-quarter financial reportRevenue of $2.2 billion and net profit of $341.6 million, both up 18% year-on-year, surpassing analysts' expectations. Diluted earnings per share were $2.68, higher than the expected $2.54 and an increase from $2.26 in the same period last year. Gross profit margin in the second quarter increased by 230 basis points to 58.8%, higher than the analyst's expected 58.5%. Overnight, Lululemon's stock price rose 1.2% to $381.26, with
Blame yourself or others when you lose money?
As investors, we're well aware that the market's fluctuations can elicit both euphoric highs and disheartening lows. Yet, when losses occur, a crucial question surfaces: where should the finger of blame point?
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