We're removing LULU from our Best Ideas list as a long. We're not against owning LULU, as there's still a path to $4 in EPS power. We just don't know if management knows whether or not that path exists. That didn't matter at $37. It matters at $64. We'll walk through the reasons why as well as the results of our consumer survey (5 countries/33 brands) and real estate deep-dive this morning at 11:00am ET.
Watch a replay of the presentation below.
Here is an overview of the key conclusions we will be discussing. Call details below.
Date/Time: Tuesday March 24/11:00am ET
Toll Free Number:
Conference Password: 13604247
Materials: CLICK HERE