Lululemon thrives on stable demand from fitness buffs. Is LULU a buy?

The ongoing economic challenges have had a mixed impact on the sports and fitness industry. Athletic apparel stores in general were hit by softening sales while some retailers maintained decent sales volumes, like Lululemon Athletica Inc. (NASDAQ: LULU) which benefited from the high demand for fitness and workout products. The customer base of Lululemon, which […]

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