Should You Buy Lululemon Stock Before 2026?
Shares of Lululemon Athletica (NASDAQ: LULU) have given investors a wild ride in recent years. This was a high-performing athletic apparel brand until macroeconomic headwinds caught up with it in the last few years. However, this is also why investors can currently buy shares at a modest valuation that could set up great returns from here.
Image source: Getty Images.
Total revenue grew by just 6.5% year over year in the recent quarter, significantly below its 20% average quarterly top-line growth over the last decade. But all that is well-priced into the stock at this point. Easing inflation and lower interest rates could serve as catalysts for rising demand over the next few years.
Source Fool.com
