lululemon athletica inc.'s (NASDAQ:LULU) Share Price Boosted 30% But Its Business Prospects Need A Lift Too
Lululemon Athletica's share price has seen a significant 30% increase recently, yet it remains down 43% over the past year. The company's P/E ratio of 14.5x is lower than much of the market, potentially due to its slower earnings growth compared to competitors. Analysts project a 3.6% annual EPS growth for Lululemon, which is less attractive than the market's 11% average, suggesting a cautious investor sentiment.
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