Oppenheimer Remains Bullish on Lululemon Athletica (LULU) Following Solid 1Q Report

Wedbush Remains Bullish on Lululemon Athletica (LULU) Following 1Q Report

June 9, 2016 8:24 AM EDT

Wedbush maintained an Outperform rating and $80.00 price target on Lululemon Athletica Inc. (NASDAQ: LULU) following the company's 1Q earnings report. Sales topped expectations, with SSS hitting +8% versus consensus of +6%. 2Q SSS guidance of +MSD falls in line with consensus of +5.5%. FY16 EPS was... More

UBS Raises Price Target on Lululemon Athletica (LULU) to $72 Following 1Q

June 9, 2016 8:10 AM EDT

UBS reiterated a Neutral rating on Lululemon Athletica Inc. (NASDAQ: LULU), and raised the price target to $72.00 (from $69.00), following the company's 1Q and conference call. LULU noted that momentum has continued in early 2Q, particularly in terms of GM recovery, which provides more... More

Cowen Raises Price Target on lululemon athletica (LULU) Following Strong 1Q Comps

June 8, 2016 5:45 PM EDT

Cowen reiterated an Outperform rating on Lululemon Athletica Inc. (NASDAQ: LULU), and raised the price target to $80.00 (from $76.00), following the company's 1Q earnings report. LULU's EPS was a 1c miss vs. the Street. However, the company's comp was reported at +8%, ahead of the Street expectations... More

Notable 52-Week Highs and Lows 6/8: (AKS) (LULU) (NVRO) High; (PAY) (MTSC) (DRYS) Low

June 8, 2016 3:29 PM EDT

52-Week High:AK Steel (NYSE: AKS) $5.50. Credit Suisse upgraded AK Steel from Underperform to Outperform and moved its price target from $3.50 to $7.

lululemon athletica (Nasdaq: LULU) $71.95. lululemon athletica reported Q1 EPS of $0.30, which was $0.01 worse than the analyst estimate of $0.31. Revenue for the quarter came in at $495.5 million versus the consensus estimate of $487.72 million. Total comps... More

Pre-Open Stock Movers 06/08: (BLIN) (GEVO) (AHP) Higher; (FCSC) (PAY) (FLXN) Lower (more...)

June 8, 2016 9:28 AM EDT

Today's Pre-Open Stock Movers:

Bridgeline Digital (NASDAQ: BLIN) 140% HIGHER;... More

Dow finishes back above 18,000 as dollar dips

June 8, 2016 7:23 AM EDT

By Caroline Valetkevitch

(Reuters) - The Dow ended above 18,000 for the first time since April on Wednesday as declines in the dollar lifted some commodity-related shares and boosted the outlook for multinationals.

The S&P 500 materials index climbed 0.6 percent following gains in copper and gold prices. Energy shares were lower despite a jump in oil prices.

The benchmark S&P 500, up for a third straight session, is now about 12 points shy of its all-time closing high of 2,130.82.

Helping sentiment was a weaker dollar, which tends to benefit U.S. multinationals that... More

Lululemon sales beat expectations, shares rise

June 8, 2016 6:56 AM EDT

By Julie Gordon

VANCOUVER (Reuters) - Lululemon Athletica Inc (NASDAQ: LULU) on Wednesday reported first-quarter sales that beat analyst expectations thanks to better-managed inventory, new store openings and online sales, sending shares up.

The Vancouver-based company, which has struggled in recent years with embarrassing product recalls and inventory problems, said it brought its inventory levels under control during the quarter.

The retailer also touted growth in Europe and Asia, and said e-commerce is growing strongly despite a dip in online growth compared with the previous year.

... More

Lululemon (LULU) volatility elevated into shares down 2% in premarket on Q2 and outlook

June 8, 2016 6:48 AM EDT

Lululemon (NASDAQ: LULU) June weekly call option implied volatility is at 118, June is at 71, July is at 45; compared to its 52-week range of 25 to 65.

... More

lululemon athletica (LULU) Misses Q1 EPS by 1c; Comps Rose 8%; FY16 Outlook Updated

June 8, 2016 6:13 AM EDT

lululemon athletica (NASDAQ: LULU) reported Q1 EPS of $0.30, $0.01 worse than the analyst estimate of $0.31. Revenue for the quarter came in at $495.5 million versus the consensus estimate of $487.72 million.

Key Metrics:

Total comparable sales, which... More

Stocks expected movement into quarterly results and outlook

June 7, 2016 3:17 PM EDT

Verifone (NYSE: PAY) June 30 straddle priced for 7.1% movement
Lululemon (NASDAQ: LULU) June weekly 69 straddle priced for 9% movement
Brown Forman (NYSE: BF.B) June 68.5 straddle priced for 9.3% movement
Dave and Busters (NASDAQ: PLAY) June 40 straddle priced for 10.2% movement

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lululemon athletica (LULU) Founder Wilson Writes Critical Op-Ed Over 'Virtual' Annual Meeting Format

June 7, 2016 3:12 PM EDT

The following op-ed written by Chip Wilson, founder and largest shareholder of lululemon athletica inc. (Nasdaq: LULU) criticizing lululemons virtual annual meeting, was published today by the Globe And Mail:

LULULEMONS ANTI-SHAREHOLDER MEETING

By Chip Wilson

The contrast is startling. Two great businesses. Two corporate leaders in their respective markets; each operating in a competitive and disrupted environment. Two companies brought to life by entrepreneurial founders whose families each remain the largest shareholders of their now public companies. Yet that is where the similarities end as... More

Trading Radar for 6/8: lululemon (LULU), Renren (RENN), Brown-Forman (BF-A), Tailored Brands (TLRD) Report

June 7, 2016 2:22 PM EDT

The Trading Radar highlights key earnings and economic announcements for the next trading session:

Before Markets Open:
Economics:
7:00am EDT

MBA Mortgage Index - no Street consensus

Earnings:

Brown-Forman (NYSE: BF-A) - consensus EPS... More

Lululemon (LULU) June weekly volatility increases into Q2 and outlook

June 7, 2016 6:58 AM EDT

Lululemon (NASDAQ: LULU) June weekly call option implied volatility is at 108, June is at 69, July is at 45; compared to its 52-week range of 25 to 65 into the expected release of Q2 results on June 8.

... More