I wouldn’t short it after an 11% plunge, but I also wouldn’t buy aggressively yet. Under $100 would be interesting because the valuation becomes cheap for a still-profitable global brand. But the key issue is North America. Until U.S./Americas sales stabilise, LULU is a falling-knife value trade, not a clean growth-stock dip. I’d only scale in slowly below $105/$100, with a stop if guidance gets cut again.
#LULU #Lululemon #RetailStocks #Earnings #DipBuy #ConsumerStocks
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