We came across a bullish thesis on lululemon athletica inc. on Louis’s Substack by On the Street With Louis. In this article, we will summarize the bulls’ thesis on LULU. lululemon athletica inc.'s share was trading at $200.21 as of September 2nd. LULU’s trailing and forward P/E were 13.62 and 13.57 respectively according to Yahoo Finance. djile/Shutterstock.com Lululemon, a leading athleisure brand founded in 1998, has seen its stock decline from over$500 in 2023 to around $200 today, trading at a his ...