Should You Buy Lululemon Stock Before Sept. 3?
The athleisure giant is hoping to stretch and share some good news next week.
Overview
Momentum is everything heading into earnings season, and right now, the trend is not a friend of Lululemon Athletica (NASDAQ: LULU) shareholders. The former athleisure star is stumbling heading into its next financial update, coming up next week after Thursday's market close.
Lululemon is thigh-deep into what should be its fifth consecutive year of decelerating sales growth. The news is actually worse on the bottom line. The yoga and fitness apparel specialist has posted negative earnings growth for five consecutive quarters, with the gap widening with every passing report.
Image source: Getty Images.
Details
Source
Originally published at www.fool.com.
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