Buy "Product+Stock" Strategy? Would You Buy LULU?
Lululemon shares tumble 23% as it cuts full-year earnings guidance, citing ‘dynamic macroenvironment’ Recently, apparel companies have been having a tough time. Last week, GAP's stock plunged 20% in a single day after its earnings report. Skechers announced plans to delist last month. Trump's new tariff policy may already pose an "existential threat" to budget footwear brands. Will apparel companies continue to see declining sales under tariff pressure? Would you consider buying the dip on Lululemon? Lululemon products or Lululemon stock — which would you choose?
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