SINKING 48%, IS LULULEMON A BUYING OPPORTUNITY?
https://media.zenfs.com/en/motleyfool.com/310890816e0d42447e4d055670f6cb4e
✍️ Lululemon Athletica Inc. is struggling with declining revenue growth and tough competition, leading to a 48% drop in its stock price this year.
👉 Lululemon's revenue growth has been declining for a few years 👉 The company is facing intense competition from other athletic apparel brands 👉 Earnings per share were flat in the first six months of the fiscal year 👉 Net income declined 4% year over year 👉 Guidance for the full year is calling for a decline in earnings per diluted share 👉 The company's stock is trading at a lower valuation than its historical average
-- #DavidButler #business
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