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re: Lululemon drops $10.54 a share in one day despite beating estimates
Posted on 9/11/15 at 10:17 am to goodbuds
Posted on 9/11/15 at 10:17 am to goodbuds
Looks like their forecast was a bit below analysts expectations which also may figure into the drop.
With the drop, their forward P/E looks more in line with the industry of specialty clothing retailers.
As long as the economy stays up, women will do yoga and wants to wear expensive yoga clothes.
If the economy slows, they will start wearing cheaper brands.
With the drop, their forward P/E looks more in line with the industry of specialty clothing retailers.
As long as the economy stays up, women will do yoga and wants to wear expensive yoga clothes.
If the economy slows, they will start wearing cheaper brands.
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