Investment Reports

Research Report · October 4, 2026

Lululemon (LULU): Long, Small Size

By Sushane Atmakuri Co-President & Chief Financial Officer, Slug Fund Investment Group

The full write-up behind our position. It covers what broke in the Americas and China, why we think a price of about 10x trough earnings assumes permanent decline, the new CEO’s contract, the founder’s standstill, divorce and share hedges, the legal and tax exposures, and bear, base, and bull cases from $70 to $200.

Pitch Deck · October 1, 2026

Lululemon (LULU): Fat Pitch or Value Trap?

By Sushane Atmakuri Co-President & Chief Financial Officer, Slug Fund Investment Group

Lululemon trades at an eight-year low, roughly 10x forward earnings with no debt, while sales, comparable sales, and guidance all fall. The deck works through what broke, how LULU compares with Alo, Vuori, Deckers, Nike, and Amer, the new CEO and founder dispute, the open legal matters, and bear, base, and bull scenarios. It ends with the club’s decision on the position.

Presentation

Domino’s (DPZ): Guess that Stock?

By Sushane Atmakuri Co-President & Chief Financial Officer, Slug Fund Investment Group

A guessing game built around one company. The clues cover the stock’s price range, revenue growth, earnings per share, and P/E ratio, quarterly results, and the dividend, before the reveal and a look at why a business you use every day can be worth owning.