Shares of Lululemon (LULU) are rising on Thursday before the company releases its second quarter earnings report after the closing bell. As consumers have...
) are rising on Thursday before the company releases its second quarter earnings report after the closing bell. As consumers have grown more discerning, investors have become wary of the retail sector , with Lululemon shares down almost 50% year-to-date. Does this athletic apparel brand have what it takes to turn it around?
On pricing concerns Duffy states:"The pricing that's been a concern on Lulu and competition has been a concern on Lulu for as long as I've been following the stock. The key for Lulu and the key to their success is innovation and the quality of the product, which distinguishes it from alternatives in the marketplace."They're up right now by about 1.2% the athletic wear company going to be reporting its Q two earnings after the bell.
However, I always know how expensive their brands are and how you can often find very similar types of clothing and other cheaper retailers out there.
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