3 Things to Know About Lululemon Athletica Stock Before You Buy

Lululemon Athletica (NASDAQ: LULU) has a cultlike following, with stores that are often crowded with customers. That's good news for the business, but what exactly is the business? On the surface, Lululemon sells athletic wear. But when you look at the price tags on its clothing, it becomes clear that the products it sells are luxury items.Here are three things you need to understand before you buy the stock.Lululemon isn't making clothing basics. Yes, you could easily argue that sweatpants, bras, and leggings are basic attire. But the price tag on its items push it into a higher category.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool