I am curious if lulu is ever worth buying again. NA market is a shitshow and my wife says nobody in her spin/yoga class wears them anymore, but at 11 pe and a reasonable European market share idk
No, I too many momentum drivers across their business segments and their PE should expand another 5-8 points if we do not see an overall market downturn. I will start selling at 300
That would be a 37.5 pe based on 16 guidance while having a looming DOJ case, questionable government policies, razor thin margins, etc
The eps when it was at 600 was like 25+