Lululemon Athletica: A Bullish Thesis Despite Near-Term Challenges

viernes, 6 de febrero de 2026, 3:24 am ET1 min de lectura
LULU--

Lululemon Athletica's stock has declined 60% from its peak due to macroeconomic and idiosyncratic pressures. Despite this, the company has a strong balance sheet, generates robust free cash flow, and maintains a loyal customer base. International expansion offers significant upside, and the brand moat is reinforced by high EBIT and gross margins. Current valuations discount near-zero growth, presenting a growth-at-a-reasonable-price opportunity. Share buybacks and untapped global growth are key upside drivers.

Lululemon Athletica: A Bullish Thesis Despite Near-Term Challenges

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