In my last post, I pointed out the notable achievement Starbucks had made by having the same price it did in December 2020, almost five years. Well, this next one beats that under-performance by offering a price that is the same as over five years ago: Lululemon (LULU), purveyor of overpriced garments for the vain.
The market isn’t overlooking this fact:
I guess the women who figured they’d get in tip-top shape during Covid just shoved all that gear into a drawer and don’t need any more.
