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The athletic apparel company reported an alarmingly significant increase in inventories.
Lululemon (LULU -0.92%) reported third-quarter earnings results that spooked investors. Specifically, it was the rising inventory that looked troubling.
*Stock prices used were the afternoon prices of Dec. 11, 2022. The video was published on Dec. 13, 2022.
Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Lululemon Athletica. The Motley Fool has a disclosure policy.
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