Market priced $14–15 EPS for $LULU (-6%) , but mgmt now guides ~$13.
At ~$170 → P/E ≈ 13x.
Confirms the slowdown (US softness + China tariffs).
The old “discount” case ($270–300 fair value) no longer holds with new EPS base.
Market priced $14–15 EPS for $LULU (-6%) , but mgmt now guides ~$13.
At ~$170 → P/E ≈ 13x.
Confirms the slowdown (US softness + China tariffs).
The old “discount” case ($270–300 fair value) no longer holds with new EPS base.