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LULU, what am I missing?

u/Furious_Tuguy · Reddit — r/ValueInvesting · May 01, 2026 at 15:34 · ⬆ 17 pts · 💬 88 comments  | View on Reddit ↗
AI Summary

Summary

  • Author u/Furious_Tuguy argues Lululemon (LULU) is undervalued at ~$16B market cap and a P/E of ~10, despite a proxy battle for CEO.
  • Thesis: the low valuation makes it a “no-brainer” value play; author has taken a position (80 shares + a call).
  • Quality assessment: Speculation with limited research — no detailed financials or competitive analysis. Relies on a single metric (P/E) and ignores brand erosion warnings.
Score 17
Comments 88
Upvote % 81%
Ideas
u/Furious_Tuguy Reddit r/ValueInvesting
LULU trades at ~10x P/E with a $16B market cap, historically low multiple for a premium apparel brand. If growth stabilizes or the CEO transition resolves positively, valuation could re-rate to historical average ~20x P/E, offering substantial upside. Deep value play based on mean reversion of earnings multiples; author sees asymmetric risk/reward. Brand irrelevance (noted by top comment), weakening consumer spending, and insider turmoil could further depress earnings and multiple. Proxy battle may distract management.
More from Reddit — r/ValueInvesting

This Reddit post, published May 01, 2026, features u/Furious_Tuguy discussing LULU. 1 trade idea extracted by AI with direction and confidence scoring.

Speakers: u/Furious_Tuguy  · Tickers: LULU