LULU: Huge Poential to Buy!
Lulu is a good investment. There are 4 reasons to explain it!
1.
Lululemon Athletica Inc is an athletic apparel retailer founded in Canada in 1998. The company designs, distributes, and sells athletic and casual clothing and accessories for men and women. Their most popular product are women's leggings.
2.
- Revenue Growth
LULU 's total net revenue increased 10% in 2024 from 2023.
Global sales increased by 6% due to increased revenue from China. US revenue was up 3%, but the revenue increased by 45% in China. With 27% increase in the rest of the world.
3.
- Growth Potential
With 349 stores in US LULU has huge upside potential with its international bussiness since they have only 37 stores in Europe (which has 100% more population then US), there is also growth potential in China, Australia. $Nike(NKE)$
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4.
My avg LULU buy price is $324, and I will buy more if the price drops further.
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