Q: I currently have a full position in LULU and am currently around break even. I am a bit nervous about LULU and your most recent comments have been a bit ambivalent. I'm thinking of switching to either CROX ( low PE which is uncommon these days, it seems) and ULTA ( the Buffett blessing). I like LULU and my wife (yoga instructor) has many LULU pieces as do all of her friends. So brand loyalty is strong, at least from one data point but what about the next five years? Stay or go? Thanks
5i Research Answer:
LULU management has stick-handled prior problems quite well in the past, and with strong cash...
Authors of this answer, directors, partners and/or officers of 5i Research and/or affiliated companies have a financial or other interest in ULTA, CROX.