LULU is a scam manipulated by wall street criminals
The northern American markets are now facing another economic slowdown which will hurt specialty retailers like LULU. During economic slow downs, most families tend to focus back to the basics like paying the utility bills and food. I just don't see LULU being part of that shopping list.
LULU has done a great job expanding its revenue and distribution but I see all that slowing down. LULU was rewarded with a higher than average PE multiple which at one point was in the 60's. What typically happens is once the market starts to realize that the growth is going to slow, that PE multiple is going to be hit and once the earning shortfalls start coming in, you're going to see a pretty hard selloff.
I have been bearish on LULU for some time now and believe it may just have gotten ahead of itself. Two very good examples are Krispy Kreme (KKD) and Crocs (CROX). They were once high flyers and market darlings and when each company started to hit that bump in the road the stock fell pretty hard. The drop may not be as severe for LULU but a lot of that depends how bad the economy gets.
I would short LULU and would not be surprised to see it back in the 30's.