Q: Good morning,
What are your thoughts on Lululemon these days? After this year's move lower, tax-loss season (almost) behind us now, and news of the CEO announcing his departure yesterday, I am thinking of a small ADD. But only if 5i tells me it is OK to do so :)
Thanks as always.
What are your thoughts on Lululemon these days? After this year's move lower, tax-loss season (almost) behind us now, and news of the CEO announcing his departure yesterday, I am thinking of a small ADD. But only if 5i tells me it is OK to do so :)
Thanks as always.
5i Research Answer:
There has been a quick sentiment shift, and with a new CEO coming (at some point) we think LULU...