We came across a bullish thesis on lululemon athletica inc. on Sunrise Capital’s Substack. In this article, we will summarize the bulls’ thesis on LULU. lululemon athletica inc.’s share was trading at $169.13 as of October 14th. LULU’s trailing and forward P/E were 12.16 and 13.14 respectively according to Yahoo Finance.

Jacob Lund/Shutterstock.com
Lululemon’s latest earnings report marked a stark departure from its usual guarded commentary, with CEO Calvin McDonald openly...



