Topic

LULU

A collection of 2 issues

The cult of Lululemon is alive and kicking

(Update: Please see May'22 deep dive for latest thoughts) In November 2020, I published my deep dive on Lululemon. On this update, I will mostly skip why I like the business since I have adequately covered it in my earlier deep dive which I encourage you to read here. Even

The Economics of the Cult of Lululemon

Lululemon Athletica (Ticker: LULU) is a fantastic company. In 2005, Lulu generated $40.7 mn sales. 15 years later, its sales were ~100x of that, implying an astounding ~35% CAGR over this period which was almost entirely organic in nature. For context, Amazon grew at ~28% CAGR during the same