Veteran Retail analyst Brian McGough and his team put out a Lululemon Black Book three months ago (and nailed the drop in the stock.)
He and his team worked like Alaskan sled dogs this past weekend and delivered a granular, deep-dive follow-up Black Book for Hedgeye subscribers. They nailed the inflection – for all the right reasons.
McGough remains "cautiously bullish" on LULU.
Here's his video earlier this week.