Yoga-apparel specialist lululemon athletica (NASDAQ: LULU ) was one of the darlings of Wall Street for years, with its lucrative niche producing lightning-fast growth and impressive profitability. Yet all it took to bring all that crashing downward was a quality-control incident that resulted in the recall of one of its premium products, and lululemon proved incapable of quickly extricating itself from the ongoing fallout from the mistake. After falling more than 22% in 2013, lululemon hoped to turn things around last year, and even though 2014 brought further overall losses of around 5%, the stock performed quite well during the last two months of the year. Let's take a closer look at lululemon athletica to see whether the recovery is alive and well. (more
Please share this article
No comments:
Post a Comment