Lululemon (LULU) 'Back in Style', Says Analyst
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Wedbush Raises Lululemon (LULU) to Outperform, 'GM Concerns Offset by Lower Bar'
March 31, 2014 7:12 AM EDTWedbush upgraded Lululemon Athletica Inc. (NASDAQ: LULU) from Neutral to Outperform with a price target of $64.00 (from $54.00). Analyst Corinna Freedman thinks GM concerns are offset by a lower bar.
"Upgrading to OUTPERFORM - with bad news largely priced into the stock, we believe the shares are poised for a turnaround in sentiment. We are upgrading shares of LULU to OUTPERFORM and raise our... More
Lululemon Athletica Inc. (LULU) Gains on CEO Comments
March 27, 2014 9:43 AM EDTLululemon Athletica Inc. (Nasdaq: LULU) gained on Thursday following the company's Q4 conference call. After reporting Q4 results and guidance, the stock was slightly lower but reversed following comments from CEO Laurent Potdevin.
Potdevin said the company was seeing 'clear... More
Wells Fargo First Take on Lululemon Athletica LULU) Q4 and Guidance
March 27, 2014 8:59 AM EDTLululemon Athletica Inc. (NASDAQ: LULU) shares are on watch ahead of its 9am conference call. Analyst Paul Lejuez of Wells Fargo commented on the quarter.
"The quarter was slightly better than what the company preannounced in mid-January, though guidance is weak. After achieving a +4% comp including... More
lululemon athletica, inc. (LULU) Tops Q4 EPS by 3c; Issues Light FY14 Outlook
March 27, 2014 7:17 AM EDTlululemon athletica, inc. (Nasdaq: LULU) reported Q4 EPS of $0.75, $0.03 better than the analyst estimate of $0.72. Revenue for the quarter came in at $521 million versus the consensus estimate of $516.8 million.
-- Comparable stores sales for the fourth quarter decreased by 2% on a constant dollar basis. Total comparable sales, including comparable stores and direct to consumer, increased 4% for the fourth quarter on a constant dollar basis.
... More
