Lululemon Athletica (NASDAQ: LULU) stock has rebounded over 20% in the last 30 days, recovering from a significant decline earlier this year due to reduced U.S. demand and profit margin concerns. Despite this recent surge, shares remain down over 45% year-to-date, raising questions about whether the stock is still oversold. The company continues to experience strong international growth, particularly in China, and has increased its full-year guidance along with a larger share repurchase authorization. Investors have reason to be optimistic about Lululemon’s future prospects.
