Is Lululemon’s Stock NOW a "Monster BUY"? 

Is Lululemon’s Stock NOW a BUY?
Lululemon's stock price (Ticker symbol: LULU) fell over 15% last week. This drop of Lulu's stock came despite Lululemon reporting strong results for the last quarter of their fiscal year 2023 (which ended in January). The reason for the share price decline of Lululemon? Investors were disappointed with Lululemon's future outlook for the 2024 fiscal year. Lululemon's forecasts for revenue and earnings in the coming year were lower than what analysts expected.
Lululemon shoppers and shippers generally have been spending less on clothes (and other non-essential items) lately. This is partly due to economic concerns. Lululemon has been doing well despite these trends, but Lululemon's recent results and future outlook suggest they might finally be feeling the pinch.
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