lululemon: Undervalued Growth Story Amid Global Expansion And A Potential Sentiment Shift

  • lululemon's U.S. growth slowed in 2024, but international expansion—especially in China—positions the company for long-term upside and market share gains. Despite rising competition from Alo Yoga, lululemon's loyal customer base, premium products, and innovation pipeline support its premium valuation. U.S. consumer caution remains, but easing trade tensions and cooling inflation could quickly improve sentiment and domestic performance.