‘Saturation’ in Athleisure Market: LULU Earnings Preview
Schwab Network · Schwab Network
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Show Notes
Amanda Lai has “cautious optimism” ahead of Lululemon (LULU) earnings after the close. She calls it a “historically strong performer” that will give insight into consumer health and spending. Amanda says Lululemon is “firing on all cylinders” for innovation, but whether consumers will like their products is yet to be seen. She compares them to upstart competitors gaining share in the athleisure market.
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