$Lululemon Athletica(LULU)$ $Nike(NKE)$ πππ₯ LULU Collapse or Opportunity?
$LULU two years ago was a $65B company. $LULU today is less than a $19B company. Retailers are so fickle. I see it at $182 testing the 200 Monthly MA. Support lies at $161 with risk to $147, resistance at $226. Negatives: missed Q2 guidance, margin pressure, weaker FY outlook. Positives: EPS beat, menβs revenue +6%, China +20β25%. Women drive 63.2% of revenue, men 24.2%. EPS grew from $4.5 to $12.8 in five years, a compounding story despite short-term bleeding.
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