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Is Lululemon’s Current Valuation Really Justified?

Is Lululemon’s Current Valuation Really Justified?

Lululemon Stock Fell on Rating Downgrade from Instinet(Continued from Prior Part)Forward valuationAs of February 19, Lululemon (LULU) was trading at a 12-month forward PE (price-to-earnings) ratio of 33.5x. The forward valuation multiple has