Is Lululemon's Recent Pullback Your Perfect Entry Point?
1. LULU's Q1 revenue rose 7% to $2.37 billion, beating expectations. 2. After-hours trading fell 22% due to weak same-store sales increase. 3. LULU's trading metrics are better than Nike, despite being undervalued. 4. LULU's balance sheet shows exceptional financial strength with low debt. 5. Historically, LULU has seen significant declines during market corrections.