Down Over 40% This Year, Is Lululemon Stock a Bargain Buy or a Value Trap?

Lululemon has unveiled a new CEO as it tries to turn the business around after sales rose just 5% last year. The article notes that the top line has been declining for some time, pointing to ongoing pressure in the core business. The update is negative for fundamentals and leadership transition, but limited in immediate market impact.

Analysis

Lululemon has unveiled a new CEO as it tries to turn the business around after sales rose just 5% last year. The article notes that the top line has been declining for some time, pointing to ongoing pressure in the core business. The update is negative for fundamentals and leadership transition, but limited in immediate market impact.