You NEED to check out CSTU. Huge assets on their books + gold mines that are tested and confirmed to have gold and silver. It wotn last long once investors take notice
I am with you. I work in city and live on the island. The brand is incredible. My girls are nuts over the girls lone. My buddy owns a gym and he swears by the clothing. They are diversifying and once they solve execution issues, stock will go nuts, if it isnt sold first
LULU will be a $50 stock EOY, great company, plenty of cash, organic growth and the highest loyalty among customers. I wish I could continue to buy this on these dips. All the negative posts only signal one thing, it's a WINNER!
Sentiment: Strong Buy
looks like they are just letting it fall so they can make the buyout numbers work. either way, buyout or turnaround, lulu is a great asset that is undervalued.
Lol, they said the same thing about Starbucks...McDonalds and DD were shifting towards coffee, no growth, would have to lower prices. Brand is a powerful thing. Starbucks has it. Lulu is even stronger.
Go spend a half hour in one of their stores. What you see is women coming in and 8 out of ten leaving with a lulu bag. All day long, everywhere there is a lulu. I have never seen conversion like it.
I suspect the catalyst will be guiding higher in the weeks ahead as management starts seeing the store numbers. Remember, many lulu in Canada and northern part of US. What cold winter and they still beat the number. It's warm out now...
many long investors are betting that lulu will find solutions to its many problems. so the moves they made, such as new ceo, promoting mens apparel, etc., may pay off. BUT the big problem is more competition offering essentially similar products at better price points. I sold lulu at a loss - I just don't see lulu holding on to their customers or getting new customers AND keeping their profit margins high as in the past, IMO. A buyout by a major sports company (adidas) would be preferably, but there are no other catalysts to stop the downward spiral near term.
The sell off has to do with this company's long list of stupid mistakes, the sunscreen flap is just the icing on the cake.
Do you think that the latest sell-off (this week) has to do with investors who are afraid that LULU made yet another advertising blunder in promoting clothes in lieu of sunscreen? (I don't think it is a blunder, but that's a theory)