Lululemon (LULU) Trades at 8.54 Times Earnings and 13% of the Float Is Short

lululemon athletica inc. (NASDAQ:LULU) closed at $94.46 on October 2, down 45.75% over twelve months. The shares now cost less than nine times what the company earned last year. That is a department store multiple attached to a brand that spent a decade commanding a premium. Two groups are looking at the same numbers and […]