Description: Lululemon Athletica Inc. (LULU.O 14.13%) shares soared to a record high on Thursday after the maker of upscale yogawear topped fourth-quarter estimates and its forecast eased concerns of decelerating sales.
Source: BNNBloomberg.ca – video report
Date: Mar 28, 2019
Questions for discussion:
- Explain the current valuation for the firm?
- Do you think the stock has moved too far too soon or is the best yet to come?