Q: In an earlier answer you said LULU won't be exempt from tariffs. Does LULU have any production capacity it the US? What amount of their revenues come from the US ( which could presumably be hit by tariffs? Is the tariff threat appropriately baked into current share prices. In short, is this the time to hold, reduce, or run?
5i Research Answer:
LULU has a tiny amount of US production, but most is in Asia. In 2024, $7.6B of $9.5B in sales...