Lululemon Stock Up 52% In Past Year. What Should You Expect Now?
lululemonlululemon(US:LULU) Forbes·2024-01-08 22:00

Lululemon logo is seen on the building in Santa Monica, United States on November 12, 2023. (Photo ... [+] by Jakub Porzycki/NurPhoto via Getty Images)NurPhoto via Getty ImagesAfter a 52% increase in the last twelve months, at the current price of around 496pershare,webelieveLululemon(NASDAQ:LULU),acompanydesigningandsellingathleticandcasualapparel−couldseeamodestlossinthenearterm.LULUsawastellarperformanceinFY2023anditsstockhasincreasedfromaround496 per share, we believe Lululemon (NASDAQ: LULU), a company designing and selling athletic and casual apparel - could see a modest loss in the near term. LULU saw a stellar performance in FY 2023 and its stock has increased from around 326 to $496 over ...