Jim Cramer on lululemon: “I am Shocked at How They Missed the Quarter”

lululemon athletica inc. (NASDAQ:LULU) is one of the 15 stocks that Jim Cramer recently talked about. Noting that they are “down”, a caller mentioned that they took Cramer’s advice and bought lululemon athletica inc. (NASDAQ:LULU) shares. In response, Cramer said:

“I thought that LULU would do better. I thought that LULU would do better. I was quite surprised. I just, it was a bad conference call. It was a bad quarter. I am aghast to think that this could be… such a horrible situation. They had tariff problems. They had the wrong fashion. Everything went wrong for Calvin McDonald, and what can I say? I just don’t think he’s capable of being as bad as that stock was, 17 times earnings. It was a bad quarter, though. And you know… I’ve thought a lot about this, done a lot of soul searching, I am shocked at how they missed the quarter, and I wouldn’t be surprised if there weren’t some shakeups if that happened again.”

Jim Cramer on lululemon: “I am Shocked at How They Missed the Quarter”

A store employee in an athletic apparel store restocking merchandise.

lululemon (NASDAQ:LULU) designs and sells high-performance athletic apparel, footwear, and accessories. The company caters to fitness and lifestyle activities through various retail and online channels.

While we acknowledge the potential of LULU as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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