Substitute has lower performance (Lululemon Athletica)

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A lower performance product means a customer is less likely to switch from Lululemon Athletica to another product or service. … "Substitute has lower performance (Lululemon Athletica)" has a significant impact, so an analyst should put more weight into it. "Substitute has lower performance (Lululemon Athletica)" is an easily defendable qualitative factor, so competing institutions will have a difficult time overcoming it. "Substitute has lower performance (Lululemon Athletica)" will have a long-term negative impact on this entity, which subtracts from the entity's value.

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