• JIANG_LIMJIANG_LIM
        ·09-06
        $Lululemon Athletica(LULU)$   Lululemon fell almost 18% in one day.  Big reasons: • They cut their full-year forecast again. • U.S. sales only grew 1%, which is weak. • Tariffs are hitting profits, costing them about $240M this year. • Analysts rushed to downgrade. Some even put price target at $150. That’s why the stock sank. But at today’s price, valuation looks much lower than before. If sales improve or holiday season is strong, it could bounce.
        6.14K5
        Report
      • JIANG_LIMJIANG_LIM
        ·09-06
        $Lululemon Athletica(LULU)$   Lululemon fell almost 18% in one day.  Big reasons: • They cut their full-year forecast again. • U.S. sales only grew 1%, which is weak. • Tariffs are hitting profits, costing them about $240M this year. • Analysts rushed to downgrade. Some even put price target at $150. That’s why the stock sank. But at today’s price, valuation looks much lower than before. If sales improve or holiday season is strong, it could bounce.
        6.14K5
        Report