Can Lululemon Stocks Stage a Turnaround, or Is It Time to Throw in the Towel?
The stock has struggled this year and currently remains a rudderless ship.
Can Lululemon Stocks Stage a Turnaround, or Is It Time to Throw in the Towel?
Overview
Lululemon Athletica's (NASDAQ: LULU) tough year just got worse after the company lowered its full-year guidance following its fiscal first-quarter results. The stock is now down about 45% on the year and 65% over the past year, as of this writing.
Let's take a closer look at the apparel company's most recent results and prospects to see whether a turnaround is near or it's time to throw in the towel.
Image source: The Motley Fool.
Details
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.
