LULU - Removing From Best Ideas List

Takeaway: Removing LULU from Best Ideas List as a Long. Walking through our research at 11:00 am ET Today.

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.

 

LULU - Removing From Best Ideas List - LULU conclusions

 

Call Details 

Date/Time: Tuesday March 24/11:00am ET

Dial-In Number: 

Toll Free Number: 

Conference Password: 13604247

Materials: CLICK HERE

 


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