Reported 1 day ago
Lululemon Athletica (NASDAQ: LULU) has seen its stock price drop 48% from its peak, following a recent earnings report where profit guidance was slashed due to tariffs and slowing growth. Despite a successful long-term growth trajectory and opportunities in China, challenges from tariffs and a declining operating margin are causes for concern. However, with a forward P/E of 18, the stock may be well priced for potential investors, although it's also being recommended to consider alternative top picks.
Source: YAHOO