Coming out of the Great Recession, few retailers were able to connect with customers the same way lululemon athletica (NASDAQ:LULU) did. Same-store sales boomed, new markets were entered, and the stock absolutely skyrocketed.

But that was the past, and this is the present. The company has taken its fair share of hits to the chin, and shares have been punished accordingly. But Fool contributor Brian Stoffel thinks that, given a series of recent developments, it's worth kicking the tires on this growth stock.