'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.
Sverige Senaste nytt, Sverige Rubriker
Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.
Källa: CNBC - 🏆 12. / 72 Läs mer »
Källa: nbcchicago - 🏆 545. / 51 Läs mer »