Lululemon ($LULU) Drops 10% After-Hours Due to U.S. Consumer Behavior, CEO Comments on Growth and Earnings

Gary Black@garyblack00

2 years ago

A good pairs trade may be long $LULU and short $NKE. With $LULU, even if we accept that the US slowdown mgmt is seeing so far in 1Q is permanent, what multiple should investors pay for a +12% rev grower (down from +19%) and +15% earnings grower (down from +20%)? A 2x PEG on a… https://t.co/6ux9C9Jvzo

Gary Black@garyblack00

2 years ago

A good pairs trade may be long $LULU and short $NKE. With $LULU, even if we accept that the US slowdown mgmt is seeing so far in 1Q is permanent, what multiple should investors pay for a +12% rev grower (down from +19%) and +15% earnings grower (down from +20%)? A 2x PEG on a… https://t.co/WUvAWF7oAh

Stocktwits@Stocktwits

2 years ago

Good Morning! Yesterday, the $LULU and $NKE reports joined a very long list of negative consumer data points that have surfaced recently Last week also saw a shortfall in February's retail sales and poor results and guidance from $DG and $DLTR Is the consumer weakening? https://t.co/7zNbPCUjgK