Cramer reviews Lululemon's Q2 earnings, says it's not too late to buy

's Q2 earnings, and said he's pleased with the athletic apparel company's progress after seeing its stock plummet post-Covid.

"I think it's not too late to get back into Lululemon if you bailed on it at some point over the past two years," Cramer said."The brand seems just as strong as ever and the last couple of quarters, holy cow." Lululemon saw major success during the pandemic as many consumers purchased athleisure and loungewear while working from home. Then, when the pandemic's effects on the consumer economy began to recede, the stock sank. It didn't help that during the height of the Covid home-workout craze, Lululemon acquired at-home fitness business Mirror for $500 million.

Colombia Últimas Noticias, Colombia Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Jim Cramer's top 10 things to watch in the stock market WednesdayEquities are lower in premarket trading Wednesday, while Arm Holdings' roadshow ahead of a planned initial public offering is impressive.
Fuente: CNBC - 🏆 12. / 72 Leer más »

Here are the 14 stocks Jim Cramer is watching, including Oracle, Roku and SouthwestHere are some of the tickers on my radar for Wednesday, Sept. 6, taken directly from my reporter’s notebook.
Fuente: nbcchicago - 🏆 545. / 51 Leer más »