Is lululemon athletica Ready to Be a Growth Stock Again?

In the midst of a highly competitive market, lululemon athletica (NASDAQ: LULU) showed no signs of a slowdown in its fiscal second-quarter earnings report. The yoga apparel specialist posted strong numbers, including a 13% increase in net revenue, that keep the company on track to meet its 2020 goal of reaching $4 billion in revenue.

Going by the modest pop in the stock's price since the earnings report on Aug. 31, investors are encouraged. But this is little solace for shareholders who have held the stock for the last several years.

Source: Fool.com