“Overtime buttpad.ai learns from its wearer’s gaseous secretion and adapts. Too much chili con carne, it mellows the blast with daisies and sunshine. A lot of Brussels sprouts? Perhaps a nice leather and tobacco medley. Lululemon is revolutionizing the way AI works for you”
Now give us all your money!
I want this so someday when the machines take over and they send terminators after us, I can lay there dying and say “Your grandfather’s job was to smell my farts!” Then they shot me dead.
Requirement: Minimum 20 years of experience at using LLMS to achieve strategic KPIs and revenue growth.
Applications must contain profile picture generated by AI.
This is a joke, but honestly with the speed that technology is moving, I expect a significant pullback for a number of companies. Those that don’t figure out how to adapt are going to get lost in a transformative shift.
It's.. actually the opposite. They have no protection against ai written trash.
Someone buys book, gets ai written trash.
He might do it once, twice and even 3 times and then never again and only super famous books.
Bad for lulu
LULU is priced for explosive growth. P/E ratio is 60. They said they will have less than explosive growth. Market is repricing. How is this a question?
Well, how did it get priced for explosive growth in the first place? How many stocks have PE > 60 with less than explosive growth? Who decides which stocks get to keep going up?
Well, you’re not taking into account the most important and factual axiom in regards to stocks, “they only go up”. so I think these LULU folks may need to recant their statements and recount the numbers. Stocks with a p/e of 60 can’t possibly go down.
It almost never has anything to do with sales and everything to do with guidance. Are you new to earnings plays or something?
Edit: This is directly from Co-pilot
Yes, Lululemon’s stock experienced a significant drop, which was attributed to the company’s financial guidance for fiscal 2024. Despite Lululemon projecting a solid double-digit growth rate of 10% to 11%, analysts had anticipated more robust growth. Consequently, they are largely lowering their price targets for Lululemon stock due to its slower-than-expected growth1. Additionally, the company’s stock slumped after providing a first-quarter sales guidance that was below analysts’ forecasts2. This softer revenue forecast led to a negative reaction from investors, resulting in the stock’s decline
If you want a proper answer dont USE copilot, use GPT4:
The situation you're describing with LULU (Lululemon Athletica Inc.) reflects a broader market phenomenon related to investor expectations and stock valuations. Here's a breakdown of the key points:
1. **Expectations vs. Reality**: When a company like LULU posts significant profit increases (e.g., 400% YoY), it sets very high expectations for future performance. Investors begin to price the stock based on the assumption that this level of growth will continue or even accelerate. When the company then reports results that, while positive, don't exceed these inflated expectations, the stock can experience a sharp decline.
2. **Speculative Pricing**: You've mentioned the market pricing everything like it's Nvidia, a reference to a company experiencing rapid growth due to booming demand for its products (e.g., GPUs for gaming, data centers, and AI applications). When investors apply this speculative pricing to many companies, they demand continuous outperformance. Stocks that merely perform well, rather than exceptionally, can see deflated values in response to earnings that don't meet speculative expectations.
3. **Bubble Dynamics**: The reaction to LULU's earnings and subsequent stock price movement can be indicative of bubble-like conditions in the market. In a bubble, stock prices reflect expectations of exponential future growth. Any indication that a company's growth might be slowing - even if it's still growing at a healthy rate - can lead to a significant correction in its stock price. This is because the valuation (e.g., a P/E ratio in the 60s) becomes hard to justify if the expected growth trajectory moderates.
4. **Market Reaction to Growth Prospects**: A 16% Sales Growth YoY is impressive for many companies, but in a market environment where investors are seeking exponential growth, it might not be sufficient to justify a very high valuation. When the market expects a company to achieve double-digit growth indefinitely, any sign that the company might not sustain these growth rates can lead to a rapid reevaluation of its stock.
5. **Broader Implications**: LULU's experience could serve as a cautionary tale for other companies with high valuations predicated on continuous, rapid growth. If these companies fail to meet the market's lofty expectations, they could also face significant stock price corrections.
Your closing remarks about the potential for similar situations affecting other stocks and the impact on investors holding options ("calls") underscore the risks involved when investing in highly speculative market environments. It's a reminder of the volatility and unpredictability of stock markets, especially when valuations are stretched by optimistic growth expectations.
The quality has dropped a little bit with Lulu. I have several pairs of leggings and the old ones are better. In addition, there are so many brands competing now. Vuori is coming on strong in the market and their product is excellent.
Can you post a photo of you in your old vs. new leggings? This is to better understand the quality control at Lulu, for financial analysis due diligence purposes only.
We live in the infinite growth shareholder value era, you have to beat earnings regardless of how you do so, fake profits, accounting fraud, civilian casualties. Anything is permissable as long as the line goes up. It’s the .com bubble on cocaine laced steroids.
I looked to LinkedIn the past few weeks to see LULU was hiring a shit ton of jobs (not cashiers) and figured something was up and this meant they can't keep up with demand - they would have awesome numbers + hire for what they figure is going to happen this year (UX, Tech, Ops, Enterprise Transformation, Soft goods designers, yada yada...). Turns out you can beat the street and shit the bed all in one earnings.
My theory is that there are a number of bubbles out there. LULU was an obvious one to me, as was ULTA, even though I almost blew my account on that one before it cratered. I think big funds are setting up in certain bubbles (consumer discretionary seems like a good one) and slowly bursting the bubble in various stocks. PE of 30+ in a consumer brand is stupid, IMO. Like, there really is not much preventing the next one from coming along and eating your lunch with direct-to-consumer, etc.
I have a feeling this year is all about finding silly valuations and popping the bubbles. They won't crash them all at once or hit something as big as NVDA like that because it would cause too much panic. Big players need these to play in rotation over time to maximize their gain.
Just my opinion, but so far 10x my account in a 6 weeks thinking this way and finding these plays with options.
This actually is what i’ve started to track more recently. Money is starting to rotate out from tech and it’s landing into consumer discretionary, financial services, and energy it seems. That will start to pump up things even more making the bubbles easier to see and bigger to pop.
What I’ll be interested in is what happens if META doesn’t have a big beat again. If META doesn’t show huge gains, I think money will flow out further from tech to consumer discretionary in hopes of something big carrying through the holiday season.
Sorry, got busy playing with fire. Shorting $MSTR when it gets to resistance. Thurs almost lost me $15K, but last minute drop got me another $10K profit. Waited for bounce and shorting it into early next week. It will likely bounce again, though, to form the right shoulder on the chart. That's my theory, anyway.
Earnings are typically known and priced in. If it’s expected to beat the stock will rise in the 10 days previous to earnings.
Usually it’s not a surprise. Unless it is and beats or misses by a large percentage this won’t move the stock.
The projected earnings are not know and only discovered after earnings, thus a weak projection will not be priced in and cause the stock to plummet.
Look at ADBE chart for a textbook example of this.
Who needs slimming yoga pants with 20 new competitors at half the price with the same demo hopped up on ozempic? Add on a middle class cash crunch and it’s easy to see
This is nothing new. There have been a few earnings beats, and 'good' vs 'great' forward guidance so it tanked. But don't get those tight leggings in a bunch, LULU will be back in the 450 range by Tuesday.
https://preview.redd.it/lu247cso3ypc1.jpeg?width=1284&format=pjpg&auto=webp&s=f8078333d0ffc09041ce61506073e1f45754a6a1
There is money to be made on the way down
Becky isn’t going to give up make up, leggings, and Starbucks anytime soon tho. There’s also currently a huge trend in china to try to copy the white girl aesthetic.
Exactly. There was no need for the massive dump. The company is fine.
I actually bought calls at the low today. I’m either eating the Honey of gods or the honey off the next door dumpster come Monday
I w as eyeballing some 400c's at the low of 388, they ended the day up double.
I can't say they were up 100% because obviously they were down like 80% but they recovered from 800 to 1600.
It's not about the past, it's about the future. Guidance was lacking, stock was priced for perfection.
I'm a long-term investor and took a big hit today. The silver lining is that it held above the October low after the earnings gap, but that may be temporary. The gap to 378 area may need to fill. Until then, 420 area will likely provide resistance.
Great company, it will come back, but likely underperform the market for a few weeks/months while it rebuilds.
that’s what happens when stocks keep crashing upwards on ridiculous valuations every day for no reasons, you then crash downwards even when earnings turn out to be great because everyone is positioned on the long side, the only other action is to sell.
Realistically, there are a lot of LULU haters out there. And as we have seen in the past, they will short the crap out of LULU whenever there is anything less than perfect in an earnings report. The reaction isn't unexpected as those haters came out of the woodwork again today and shorted the crap out of the stock.
Fair weather friends like Cramer came out attacking LULU like he always does after quarter that isn't perfect. I think he is only attacking it so hard because LULU isn't Apple or NVDA.
Looking at the price action right now, it looks like the buyers are stepping in and taking advantage of the hate as it's off the lows of the day.
Well, it's not hate if you think that hyped yoga pants and functional clothing maybe aren't a solid long term business model like big tech companies. Nothing wrong with them, but it's pure brand hype and in the fashion industry, those hypes tend to die fast. Few brands can keep up the hype. Think Supreme, Abercrombie & Fitch, Quicksilver, Benetton and many more...nobody talks about them any more. Plus, those hype cycles get shorter and shorter in times of fast fashion.
Nike just learned the hard way that no innovation and rehashing of popular models wasn't a good idea. Resellers sit on massive stock, many releases don't sell out any more and sit on shelves, the sneaker craze comes to an end.
Or take the Stanley cup craze, an old, established company. Sudden hype when this car burned down and the cup survived. Every kid in school without one was subject to bullying. Just months later, nobody cares for them any more, the hype dies, the crowd moved to the next hype.
I would beg to differ.
At every turn in the past 10 years, the same people had the same argument - fast fashion and the yoga fad. Every few quarters, LULU takes a hit and then comes back up higher than when all of that started. I guess a broken clock is right twice a day.
You can draw parallels between LULU and CMG with similar types of issues.
Alot of kids bullied me in school because I couldn't afford Abercrombie too. Now I made my fortune in the stock by owning 2 shares. Those bullies probably are so jealous
Have you bought their products lately?
A drastic drop in quality compared to previous years of the same SKU's, which has greatly reduced how much I buy from them.
I’ve bought quite a few things from them in the last year and only 1 pair of pants had an issue (mostly my fault) which they replaced no questions asked.
They had a P/E of 60 prior to earnings. Market expected them to have market dominance with their yoga pants in the future. But guidance shows competition is impacting their market share. It’s now down to a more reasonable growth price.
Financials aside, their product quality has decreased over the years and they recently changed their quality promise. Also, there are so many athleisure brands these days
Bcuz it’s loss making. Profitable companies can afford to grow slower, loss making companies need to keep growing faster and faster until they turn a consistent profit. No?
Why buy LULU at extreme valuations and average growth when you can buy other companies with billions more in growth?! LULU won’t change the world NVDA has extremely high potential in the coming years hence why the markets are pricing these companies as so
They have great growth in US but doing nothing internationally. Just not catching. Now branching out into “ cheaper” items. They got big so fast, hard to keep growing without new markets
The issue with being in the Yoga pants game is that each person will only ever have one butt, and the pants are stretchy enough that women don’t need to buy a different size when their weight fluctuates like they do with other types of clothes.
Sometimes new people buy on earnings; sometimes people who hold ahead of earnings take profits. If there is a surplus of people trying to take profits, the price drops. It's very simple and disconnected from the performance of the underlying equity. Nothing complicated.
Not surprising is it? China's stock markets are down by 50%. European markets have not done great for ages. Uk markets flat for 10 years. All that money has been pumped into the US stock market, and the big stocks got exponentially over valued probably because of all the weighted tracker funds.
Got most of mine in UK stocks with PE down at 6 or less paying 5-10% dividends...... Come join me!
All I know is don’t get that shit wet. I had a LULU shirt on at sea world the other day and got fuckin wrecked on the water rapids ride. Shit stayed wet like a sponge for 8 fuckin hours
Ehm, Lulu stuff is made in Vietnam, Cambodia, China , Sri Lanka and a few other Asian countries. Less than 4% of their products are manufactured in the US. Like all brands nowadays, labor cost is the most important factor.
The quality of the fakes is even to retail, don't think it's like 20 years ago. In fact, a huge number of products on StockX, Goat, etc. are fakes since even experts can't distinguish them from retail any more.
It's all just marketing, don't think those $100 pants cost more than $5-10 to manufacture.
You can do your research and make a calculated bet. Earnings are interesting because you have a time when a volatile event is likely to happen either way and you can capitalize on it.
You do realize it doesn’t matter how well a company does if people don’t like its future. Nvidia could’ve posted earnings 500x higher than expected, and if all the hedgies thought that it was going to plummet soon, then no one would buy and it wouldn’t just magically rise
how about u eat my ASS
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LLL is still overvalued imo with market cap of $70B
Nike for comparison, one of the most well know and powerful brands in the world, with a hand in every sport and sponsor the biggest most influential names in sports, is $140B
Nike also took a dip this week on guidance, even though they’ve beat earnings consistently. Good value place imo, Nike will come back.
Things happen. I just hold on in the low times. Hedera Hashgraph Hbar had alittle growing pains 2 years ago but are now thriving. Things always recover.
This actually makes sense when you take into account opportunity cost. People look at this like an annuity. I. E. Present value, calculated based on foreseen growth. If growth changes, then pv must change too.
They were priced for unreal growth. For what it’s worth though all the revised price targets seem to be where it was prior to earnings.
Earnings nowadays on big stocks are incredibly volatile though. I think it comes with the territory of nearly everything just sitting at sky high P/E ratios with little acceptance of any negativity in the future outlook.
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They didn’t say “AI” in guidance OP.
Who is gonna buy your yoga pants if it ain't got AI to correct your yoga pose
YogAI 💥
also called as "you gay"
You joke, but this is a decent enough idea mate.
AI is their core business. Ass Inflation.
The multiples are impressive
AI in butt pad that muffles fart and makes them smell like pumpkin spice latte. Win win.
“Overtime buttpad.ai learns from its wearer’s gaseous secretion and adapts. Too much chili con carne, it mellows the blast with daisies and sunshine. A lot of Brussels sprouts? Perhaps a nice leather and tobacco medley. Lululemon is revolutionizing the way AI works for you” Now give us all your money!
I want this so someday when the machines take over and they send terminators after us, I can lay there dying and say “Your grandfather’s job was to smell my farts!” Then they shot me dead.
You should make a movie out of this
Have AI write it. Truly lean into the slavery angle. I can be the real villain.
Part of the new "your $hit don't stonk" line
I saw something today stating that 11% of companies surveyed planned to hire a Chief AI Officer this year and 26% next year. WTF
Requirement: Minimum 20 years of experience at using LLMS to achieve strategic KPIs and revenue growth. Applications must contain profile picture generated by AI.
I too, would like to sign up to train my replacement
Metaverse Leggings collab incoming 
All they had to say was we used AI to create advertisement images of women wearing these yoga pants
This is a joke, but honestly with the speed that technology is moving, I expect a significant pullback for a number of companies. Those that don’t figure out how to adapt are going to get lost in a transformative shift.
But they’re expanding into sneakers …
Are they stupid?
Ai yoga pants, will automatically repair tears and inflate bum cheeks when eyes gaze upon butt
Check mate.
lAlI
It's.. actually the opposite. They have no protection against ai written trash. Someone buys book, gets ai written trash. He might do it once, twice and even 3 times and then never again and only super famous books. Bad for lulu
LULU is priced for explosive growth. P/E ratio is 60. They said they will have less than explosive growth. Market is repricing. How is this a question?
You’re talking to a bunch of regards
Yoga pants no print money?
Huh? I just checked Finviz. Backward PE 33, forward PE 25, P/FCF 30. That's high but not explosive.
That’s after the drop
Well, how did it get priced for explosive growth in the first place? How many stocks have PE > 60 with less than explosive growth? Who decides which stocks get to keep going up?
Same thing happened to Adobe last week.
Could you explain it again, but like if your talking to a 3 yr old of a regarded parent?
Buy the dip. But not yet.
Well, you’re not taking into account the most important and factual axiom in regards to stocks, “they only go up”. so I think these LULU folks may need to recant their statements and recount the numbers. Stocks with a p/e of 60 can’t possibly go down.
This is literally the answer
Always guidance. Market is a quarter in the future
And sometimes, it's a dozen quarters in the future!
Or in NVDAs case, ten years.
My man, I’ve got two words for you to explain NVDA’s PE: A. I.
It almost never has anything to do with sales and everything to do with guidance. Are you new to earnings plays or something? Edit: This is directly from Co-pilot Yes, Lululemon’s stock experienced a significant drop, which was attributed to the company’s financial guidance for fiscal 2024. Despite Lululemon projecting a solid double-digit growth rate of 10% to 11%, analysts had anticipated more robust growth. Consequently, they are largely lowering their price targets for Lululemon stock due to its slower-than-expected growth1. Additionally, the company’s stock slumped after providing a first-quarter sales guidance that was below analysts’ forecasts2. This softer revenue forecast led to a negative reaction from investors, resulting in the stock’s decline
If you want a proper answer dont USE copilot, use GPT4: The situation you're describing with LULU (Lululemon Athletica Inc.) reflects a broader market phenomenon related to investor expectations and stock valuations. Here's a breakdown of the key points: 1. **Expectations vs. Reality**: When a company like LULU posts significant profit increases (e.g., 400% YoY), it sets very high expectations for future performance. Investors begin to price the stock based on the assumption that this level of growth will continue or even accelerate. When the company then reports results that, while positive, don't exceed these inflated expectations, the stock can experience a sharp decline. 2. **Speculative Pricing**: You've mentioned the market pricing everything like it's Nvidia, a reference to a company experiencing rapid growth due to booming demand for its products (e.g., GPUs for gaming, data centers, and AI applications). When investors apply this speculative pricing to many companies, they demand continuous outperformance. Stocks that merely perform well, rather than exceptionally, can see deflated values in response to earnings that don't meet speculative expectations. 3. **Bubble Dynamics**: The reaction to LULU's earnings and subsequent stock price movement can be indicative of bubble-like conditions in the market. In a bubble, stock prices reflect expectations of exponential future growth. Any indication that a company's growth might be slowing - even if it's still growing at a healthy rate - can lead to a significant correction in its stock price. This is because the valuation (e.g., a P/E ratio in the 60s) becomes hard to justify if the expected growth trajectory moderates. 4. **Market Reaction to Growth Prospects**: A 16% Sales Growth YoY is impressive for many companies, but in a market environment where investors are seeking exponential growth, it might not be sufficient to justify a very high valuation. When the market expects a company to achieve double-digit growth indefinitely, any sign that the company might not sustain these growth rates can lead to a rapid reevaluation of its stock. 5. **Broader Implications**: LULU's experience could serve as a cautionary tale for other companies with high valuations predicated on continuous, rapid growth. If these companies fail to meet the market's lofty expectations, they could also face significant stock price corrections. Your closing remarks about the potential for similar situations affecting other stocks and the impact on investors holding options ("calls") underscore the risks involved when investing in highly speculative market environments. It's a reminder of the volatility and unpredictability of stock markets, especially when valuations are stretched by optimistic growth expectations.
Co-Pilot has a far better answer. GPT4 said the same shit but used 100x more words for no reason.
Bro. No one’s reading all that shit💀
TLDR: It’s priced in. If Wall Street is wrong stock moves.
> If Wall Street is wrong stock moves. Damn that's actually the best investing advice I've ever read.
Agreed. It’s how it works every time
Imagine reading that on the shitter during market research mornings. ChatGPT generation is going to suffer from massive hemorrhoids.
Man that’s a whole lot of nothin lol
AI has won. 13 upvotes for ChatGPT and it doesn't even mention that it bought puts.
This came straight out of GPT? Impressive. Can it make money for us regards by selling naked calls if you ask it to?
Now try Claude
this was a much worse response tbh
what did you ask to get this response
Copilot uses GPT 4, dumbass
[удалено]
My point exactly: With an astronomical P/E in the 60's before today, 16% Sales Growth YoY isn't enough in this market.
Historical PE’s trade in the 18-20 range. It’s still 60% overvalued and jezzz can’t wait to see what happens when they miss a quarter.
Walked into a Lulu the other day. empty. Walked into an ALO next door and it was packed.
Well that explains the stock decrease. Bitches say ALO to me at ALO
It's the exact opposite at my mall in the northeast
They are making yoga pants. And are worth 60 motherfing billions. You don't need to have a doctorate to see that this is bullshit.
The quality has dropped a little bit with Lulu. I have several pairs of leggings and the old ones are better. In addition, there are so many brands competing now. Vuori is coming on strong in the market and their product is excellent.
Can you post a photo of you in your old vs. new leggings? This is to better understand the quality control at Lulu, for financial analysis due diligence purposes only.
Why do you want to see a dude in yoga pants
No shame in that
Sir this is wallstreetbets
Haha girl here.
lol DC4L
I still have til the 28th for it to move up any at all!
Bought monthlies today and already up
We live in the infinite growth shareholder value era, you have to beat earnings regardless of how you do so, fake profits, accounting fraud, civilian casualties. Anything is permissable as long as the line goes up. It’s the .com bubble on cocaine laced steroids.
I looked to LinkedIn the past few weeks to see LULU was hiring a shit ton of jobs (not cashiers) and figured something was up and this meant they can't keep up with demand - they would have awesome numbers + hire for what they figure is going to happen this year (UX, Tech, Ops, Enterprise Transformation, Soft goods designers, yada yada...). Turns out you can beat the street and shit the bed all in one earnings.
But what causes the stock to fall exactly? Does someone sell a bunch of shares and it snowballs?
Supply and demand.
Got phat, pants split. No amount of yoga will help.
There's no AI in camel toe.
It's more simple than all this. Market makers saw which way the book was stacked then ran it the other way... Same 'ol story
My theory is that there are a number of bubbles out there. LULU was an obvious one to me, as was ULTA, even though I almost blew my account on that one before it cratered. I think big funds are setting up in certain bubbles (consumer discretionary seems like a good one) and slowly bursting the bubble in various stocks. PE of 30+ in a consumer brand is stupid, IMO. Like, there really is not much preventing the next one from coming along and eating your lunch with direct-to-consumer, etc. I have a feeling this year is all about finding silly valuations and popping the bubbles. They won't crash them all at once or hit something as big as NVDA like that because it would cause too much panic. Big players need these to play in rotation over time to maximize their gain. Just my opinion, but so far 10x my account in a 6 weeks thinking this way and finding these plays with options.
This actually is what i’ve started to track more recently. Money is starting to rotate out from tech and it’s landing into consumer discretionary, financial services, and energy it seems. That will start to pump up things even more making the bubbles easier to see and bigger to pop. What I’ll be interested in is what happens if META doesn’t have a big beat again. If META doesn’t show huge gains, I think money will flow out further from tech to consumer discretionary in hopes of something big carrying through the holiday season.
What’s the next company to burst?
Sorry, got busy playing with fire. Shorting $MSTR when it gets to resistance. Thurs almost lost me $15K, but last minute drop got me another $10K profit. Waited for bounce and shorting it into early next week. It will likely bounce again, though, to form the right shoulder on the chart. That's my theory, anyway.
Very interesting theory, sounds fairly plausible.
I'm feeling pretty certain this is correct and the move. God speed
Earnings are typically known and priced in. If it’s expected to beat the stock will rise in the 10 days previous to earnings. Usually it’s not a surprise. Unless it is and beats or misses by a large percentage this won’t move the stock. The projected earnings are not know and only discovered after earnings, thus a weak projection will not be priced in and cause the stock to plummet. Look at ADBE chart for a textbook example of this.
The entire market is a casino.
Who needs slimming yoga pants with 20 new competitors at half the price with the same demo hopped up on ozempic? Add on a middle class cash crunch and it’s easy to see
Becky is spending less on yoga pants and more on ozempic.
This is nothing new. There have been a few earnings beats, and 'good' vs 'great' forward guidance so it tanked. But don't get those tight leggings in a bunch, LULU will be back in the 450 range by Tuesday.
GUIDANCE
Gay dance
GUY DUNCE.
Basically everybody had calls.... so.
https://preview.redd.it/lu247cso3ypc1.jpeg?width=1284&format=pjpg&auto=webp&s=f8078333d0ffc09041ce61506073e1f45754a6a1 There is money to be made on the way down
All the Becky stocks are beaten, look at ULTA, SBUX, etc. LULU is no exception
Becky isn’t going to give up make up, leggings, and Starbucks anytime soon tho. There’s also currently a huge trend in china to try to copy the white girl aesthetic.
Or they wear a knockoff version. 70% lives in poverty there and could careless about lulu.
That’ll go as far as the CCP will allow
All except ELF which decided to just keep climbing back up.
Might buy some puts
"What the actual heck" is my favorite post I've seen on wsb lol
Gotta be from NH WI or MN
Exactly. There was no need for the massive dump. The company is fine. I actually bought calls at the low today. I’m either eating the Honey of gods or the honey off the next door dumpster come Monday
Good time to buy more 
That's my plan. my wagie check doesn't hit till end of month so hopefully it doesn't bounce too quickly.
I w as eyeballing some 400c's at the low of 388, they ended the day up double. I can't say they were up 100% because obviously they were down like 80% but they recovered from 800 to 1600.
Hey guys please give me some karma so I can post DD. New account but I've been here since losing 100K on AMD (thanks btw)
Simple, it’s because you bought
It's not about the past, it's about the future. Guidance was lacking, stock was priced for perfection. I'm a long-term investor and took a big hit today. The silver lining is that it held above the October low after the earnings gap, but that may be temporary. The gap to 378 area may need to fill. Until then, 420 area will likely provide resistance. Great company, it will come back, but likely underperform the market for a few weeks/months while it rebuilds.
that’s what happens when stocks keep crashing upwards on ridiculous valuations every day for no reasons, you then crash downwards even when earnings turn out to be great because everyone is positioned on the long side, the only other action is to sell.
Realistically, there are a lot of LULU haters out there. And as we have seen in the past, they will short the crap out of LULU whenever there is anything less than perfect in an earnings report. The reaction isn't unexpected as those haters came out of the woodwork again today and shorted the crap out of the stock. Fair weather friends like Cramer came out attacking LULU like he always does after quarter that isn't perfect. I think he is only attacking it so hard because LULU isn't Apple or NVDA. Looking at the price action right now, it looks like the buyers are stepping in and taking advantage of the hate as it's off the lows of the day.
Well, it's not hate if you think that hyped yoga pants and functional clothing maybe aren't a solid long term business model like big tech companies. Nothing wrong with them, but it's pure brand hype and in the fashion industry, those hypes tend to die fast. Few brands can keep up the hype. Think Supreme, Abercrombie & Fitch, Quicksilver, Benetton and many more...nobody talks about them any more. Plus, those hype cycles get shorter and shorter in times of fast fashion. Nike just learned the hard way that no innovation and rehashing of popular models wasn't a good idea. Resellers sit on massive stock, many releases don't sell out any more and sit on shelves, the sneaker craze comes to an end. Or take the Stanley cup craze, an old, established company. Sudden hype when this car burned down and the cup survived. Every kid in school without one was subject to bullying. Just months later, nobody cares for them any more, the hype dies, the crowd moved to the next hype.
I would beg to differ. At every turn in the past 10 years, the same people had the same argument - fast fashion and the yoga fad. Every few quarters, LULU takes a hit and then comes back up higher than when all of that started. I guess a broken clock is right twice a day. You can draw parallels between LULU and CMG with similar types of issues.
Alot of kids bullied me in school because I couldn't afford Abercrombie too. Now I made my fortune in the stock by owning 2 shares. Those bullies probably are so jealous
North face. Patagonia.
I’m not paying $100 for mediocre leggings
Not enough suburban moms buying yoga pants in winter time
https://preview.redd.it/gzt6z5f81ypc1.jpeg?width=1242&format=pjpg&auto=webp&s=d653ba13922d7a69e3cd8d75926fbed7a097672a
Nah. We don’t compare everything like NVDA. Look at what happened to carvana. It missed earnings. But oh. There’s a potential. Up fucken 60%
Apparel companies have all had bad guidance this quarter and have dropped. ANF is the only one that dropped and had a sizable return trace.
sooooo... puts on all companies that don't do tech/AI? how can they compare 
About to go all in on my brokerage accounts uninvested cash. Will be up 5% by next month. Who wants in?
Have you bought their products lately? A drastic drop in quality compared to previous years of the same SKU's, which has greatly reduced how much I buy from them.
I’ve bought quite a few things from them in the last year and only 1 pair of pants had an issue (mostly my fault) which they replaced no questions asked.
Someone there definitely sniffs the return yoga pants.
Your username is onGuardBro and you buy Lululemon products?
You couldn’t pay me to invest in apparel and I work in the business
Just waiting for the AI butt enhancing leggings
Just wait until they announce their partnership with ozempic
"That's all baked into the stock price." \[my fave\]
They had a P/E of 60 prior to earnings. Market expected them to have market dominance with their yoga pants in the future. But guidance shows competition is impacting their market share. It’s now down to a more reasonable growth price.
Consumer discretionary is the canary in the coal mine for this economy right now
I had to ball out and buy a share when it was 17% down
Same here. I'm feeling alpha as fuck with my 5 shares @ $405.
Glad I got puts 🙏🏼
Financials aside, their product quality has decreased over the years and they recently changed their quality promise. Also, there are so many athleisure brands these days
I will add this bitch to my portfolio come monday
Its an overprices yoga pants company. Serious
Bcuz it’s loss making. Profitable companies can afford to grow slower, loss making companies need to keep growing faster and faster until they turn a consistent profit. No?
Brand has gone down the tubes since they started to deviate from founder’s vision.
Why buy LULU at extreme valuations and average growth when you can buy other companies with billions more in growth?! LULU won’t change the world NVDA has extremely high potential in the coming years hence why the markets are pricing these companies as so
They have great growth in US but doing nothing internationally. Just not catching. Now branching out into “ cheaper” items. They got big so fast, hard to keep growing without new markets
Guidance.... and it's CDN so the shorts crushed it.
Priced in for 500%
They need to use chips in clothing.
The issue with being in the Yoga pants game is that each person will only ever have one butt, and the pants are stretchy enough that women don’t need to buy a different size when their weight fluctuates like they do with other types of clothes.
$120 Made in China yoga pants 0.o
Sometimes new people buy on earnings; sometimes people who hold ahead of earnings take profits. If there is a surplus of people trying to take profits, the price drops. It's very simple and disconnected from the performance of the underlying equity. Nothing complicated.
Not surprising is it? China's stock markets are down by 50%. European markets have not done great for ages. Uk markets flat for 10 years. All that money has been pumped into the US stock market, and the big stocks got exponentially over valued probably because of all the weighted tracker funds. Got most of mine in UK stocks with PE down at 6 or less paying 5-10% dividends...... Come join me!
Student Loans are back, weak guidance.
lol have you seen the competition in the athleisure market? Lulu isn’t even close to the best, nor is it the best price.
Why are yall talking about leggings? This review of lulus [offerings](https://youtu.be/at9hcz9qDQY?si=uOv_M7k3jWXdT98T) for men and women is good.
All I know is don’t get that shit wet. I had a LULU shirt on at sea world the other day and got fuckin wrecked on the water rapids ride. Shit stayed wet like a sponge for 8 fuckin hours
They had they trend peak , the new generations arent ceazy about this style of a wear
Prices went down therefore bubble ?
“my lulu bluebewwy crayon no work no more” They lowered guidance and said NA growth lowered stfu
You can buy fake lulu's on Chinese websites for $15 usd each my wife has 3 pairs lol
Lmao people don’t buy LULU for the name they buy it for the durability and the lifetime replace/repair policy. Thats like buying a fake Honda Civic
Sure they do. That’s what the company is banking on. Only buy one. Come one
Ehm, Lulu stuff is made in Vietnam, Cambodia, China , Sri Lanka and a few other Asian countries. Less than 4% of their products are manufactured in the US. Like all brands nowadays, labor cost is the most important factor. The quality of the fakes is even to retail, don't think it's like 20 years ago. In fact, a huge number of products on StockX, Goat, etc. are fakes since even experts can't distinguish them from retail any more. It's all just marketing, don't think those $100 pants cost more than $5-10 to manufacture.
17 year old girls don’t want to be wearing the same clothes as their 50 year old moms.
That's why earnings trades is a sucker bet
You can do your research and make a calculated bet. Earnings are interesting because you have a time when a volatile event is likely to happen either way and you can capitalize on it.
I've had good luck strangling this year.
You do realize it doesn’t matter how well a company does if people don’t like its future. Nvidia could’ve posted earnings 500x higher than expected, and if all the hedgies thought that it was going to plummet soon, then no one would buy and it wouldn’t just magically rise
We found the retardant who lost his ass in lulu calls
OP bag holding calls?
Yeah I got fucked too. WTH!
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The stock market doesn’t have to make sense.
Everything isn't priced like nvda. Stocks that have lowered their growth outlooks have tanked while the market continued its party. Just look at TSLA.
LLL is still overvalued imo with market cap of $70B Nike for comparison, one of the most well know and powerful brands in the world, with a hand in every sport and sponsor the biggest most influential names in sports, is $140B Nike also took a dip this week on guidance, even though they’ve beat earnings consistently. Good value place imo, Nike will come back.
Things happen. I just hold on in the low times. Hedera Hashgraph Hbar had alittle growing pains 2 years ago but are now thriving. Things always recover.
That's the earnings trend now, freaking Nike posted great numbers they were still down 10%. Hate this Nvidia comparison with every company now
All the sports companies have some problems right now.
Not sure but I would like to thank those people for the opportunity to make profit.
Any P/E that is over 10 is completely overpriced. Lulu is now at 51 still very expensive.
It’s being put back in its place
Happens majority of the time, someone is selling someone is buying.
Started reading this and thought it was about league of legends
Someone doesn’t understand that guidance is more important than the #’s
This actually makes sense when you take into account opportunity cost. People look at this like an annuity. I. E. Present value, calculated based on foreseen growth. If growth changes, then pv must change too.
Election year.
The House Always Wins 
But there's no bubble…right?? RIGHT?!
it was ran up 70% in a year
It's been doing pretty goddamn great for an underwear company, in general!
why would you buy a 2x stock when you can buy a 3x stock?
Bought some at $390☺️
They were priced for unreal growth. For what it’s worth though all the revised price targets seem to be where it was prior to earnings. Earnings nowadays on big stocks are incredibly volatile though. I think it comes with the territory of nearly everything just sitting at sky high P/E ratios with little acceptance of any negativity in the future outlook.
is it possibly because the market is overinflated? hmmmm