lululemon athletica (LULU) Gains on Positive Expectation Hint

November 9, 2017 9:37 AM

lululemon athletica (NASDAQ: LULU) gains as traders believe the CEO could have hinted at upside in this morning's management change release.

CEO Laurent Potdevin added: “The strength of our performance reinforces our leadership in the market we created. I’m energized by the momentum in our business as we enter the holiday season and look forward to sharing the details of our third quarter performance and fourth quarter outlook on December 6th, 2017.”

Shares are up 1%.

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