Lululemon Thrives While Other Brands Struggle, Delivering Solid Q2 Earnings: Time to Buy LULU?

By |2023-12-07T19:53:23+00:00September 1st, 2023|Categories: Feature: Stock Market Investing, Featured: News, Hot Stocks|Tags: , , , , , |

Lululemon (LULU) seems to be unphased by the broader economic climate, as the athleisure company delivered impressive earnings for the second quarter.  While most brands struggle with sales as consumers are becoming more stringent with discretionary spending, the company reported an 11% sales growth. This led to revenue of $2.21 billion for the quarter, [...]