Lululemon Athletica Inc. (LULU): A Bull Case Theory

We came across a bullish thesis on Lululemon Athletica Inc. (LULU) on Substack by Northwest Frontier Capital. In this article, we will summarize the bulls’ thesis on LULU. Lululemon Athletica Inc. (LULU)'s share was trading at $279.63 as of April 1^st. LULU’s trailing and forward P/E were 19.10 and 18.02 respectively according to Yahoo Finance.

[caption id="attachment_1200101" align="aligncenter" width="768"] A customer in a specialty concept store wearing a full outfit of apparels and sports gear.[/caption]

Lululemon's recent earnings report presents a nuanced picture of both...