Cowen Reiterates Outperform on lululemon athletica (LULU) Following 2Q

MKM Partners Reiterates Buy on lululemon athletica (LULU) Following 2Q

September 2, 2016 11:07 AM EDT

MKM Partners reiterated a Buy rating and $90.00 price target on Lululemon Athletica Inc. (NASDAQ: LULU) following the company's 2Q earnings report. LULU's 5% comp included a 4% store comp and a 7% gain in DTC, below expectation's of 19%, with the differential largely due to the warehouse sale LY.

Analyst... More

Oppenheimer Reiterates Outperform on lululemon athletica (LULU) Following 2Q

September 2, 2016 9:25 AM EDT

Oppenheimer reiterated an Outperform rating and $80.00 price target on Lululemon Athletica Inc. (NASDAQ: LULU) following the company's 2Q earnings report.

Analyst Anna Andreeva commented, "LULU's supply chain/efficiency initiatives finally bearing fruit with 2Q16 gross margins up 260 bps (beating guidance by 140... More

UBS Remains Sidelined on lululemon athletica (LULU) Following In-Line 2Q

September 2, 2016 8:46 AM EDT

UBS reiterated a Neutral rating and $72.00 price target on Lululemon Athletica Inc. (NASDAQ: LULU) following the company's 2Q earnings report. LULU reported EPS of $0.38, in-line with the Street's $0.38.

Analyst Michael Binetti commented, "With LULU up nearly 45% YTD (vs XRT +2%), we expect... More

Wedbush Raises Price Target on lululemon athletica (LULU) to $84

September 2, 2016 8:07 AM EDT

Wedbush reiterated an Outperform rating on Lululemon Athletica Inc. (NASDAQ: LULU), and raised the price target to $84.00 (from $82.00), following the company's 2Q earnings report. Sales fell below expectations with SSS hitting +5% versus consensus of +6%. 2Q gross margin (+260 bps) came in well above consensus expectations (+130... More

Deutsche Bank Comments on Weakness in Lululemon (LULU) Following Q2 Results

September 2, 2016 7:57 AM EDT

Deutsche Bank maintained a Hold rating on Lululemon Athletica Inc. (NASDAQ: LULU) with a price target of $65. Shares declined following the release of Q2 results. Analyst Dave Weiner said a "balanced report" was not what the market wanted.

Weiner explained, "LULUs... More

FBR Keeps 'Underperform' Rating on lululemon (LULU); Promotions, Light Traffic Should Hamper Rest of 2016

September 2, 2016 6:19 AM EDT

FBR & Co. affirms lululemon athletica (NASDAQ: LULU) with an Underperform rating and $40 price target following Q2 results reported on Thursday night.

The firm commented, Results reflect +5% constant-currency comps (+4%, including F/X), versus FBR's/consensus' +5.0%/+5.4%, and EBIT margin contraction of 32 bps, versus FBR's/consensus' 70... More

Option volume flows

September 2, 2016 5:30 AM EDT

Options expected to have increasing volume: LULU PAY AMBA COO SEAC GPS SWH

... More

Stocks with Implied Volatility Movement

September 2, 2016 5:14 AM EDT

lululemon athletica (NASDAQ: LULU) implied volatility is above its IV index mean

... More

After-Hours Stock Movers 09/01: (MGT) Higher; (PAY) (LULU) (PQ) Lower (more...)

September 1, 2016 6:01 PM EDT

Today's After-Hours Movers

VeriFone Systems (NYSE: PAY) 14.3% LOWER; reported Q3 EPS of $0.42, $0.02 better than the analyst estimate of $0.40. Revenue for the quarter came in at $493 million versus the consensus estimate of $515.54 million. GUIDANCE: VeriFone Systems sees Q4 2016 EPS of $0.28-$0.29, versus the consensus of $0.48. VeriFone Systems sees Q4 2016 revenue of $460 million, versus the consensus of $536.3 million. VeriFone Systems sees FY2016 EPS of $1.64-$1.65, versus the consensus of $1.85. VeriFone Systems sees FY2016 revenue of $2 billion, versus the consensus of $2.1... More

Lululemon same-store sales fall short, sending shares lower

September 1, 2016 4:53 PM EDT

TORONTO (Reuters) - Canadian yoga wear retailer Lululemon Athletica Inc (NASDAQ: LULU) reported comparable sales growth that fell short of analyst estimates, sending shares down nearly 9 percent on Thursday even as earnings were in line with expectations.

Second-quarter sales online and at stores open at least a year rose 5 percent, excluding exchange rate fluctuations. Analysts polled by research firm Consensus Metrix had expected a 5.9 percent increase.

Baird Equity Research analyst Mark Altschwager said the comparable sales miss would likely "fuel investor anxiety" given high expectations and the strong performance of Lululemon's... More

lululemon athletica (LULU) Reports In-Line Q2 EPS; Comps Outpaced Views

September 1, 2016 4:06 PM EDT

lululemon athletica (NASDAQ: LULU) reported Q2 EPS of $0.38, in-line with the analyst estimate of $0.38. Revenue for the quarter came in at $514.5 million versus the consensus estimate of $515.47 million.

Adjusted comps rose 4 percent, versus a gain of 2.8 percent... More

Lululemon Athetica (LULU) volatility elevated into Q2 and outlook

September 1, 2016 9:25 AM EDT

lululemon athletica (NASDAQ: LULU) September weekly call option implied volatility is at 124, September is at 52, October is at 37; compared to its 52-week range of 23 to 64 into the expected release of Q1 results today after the market close

... More

Lululemon Athetica (LULU) puts active on elevated volatility into Q2 and outlook

August 31, 2016 2:27 PM EDT

lululemon athletica (NASDAQ: LULU) September weekly 70 and 75 puts are active on total put volume of 21K contracts (10K calls) into the expected release of Q1 results on September 1. September weekly call option implied volatility is at 129, September is at 54, October is at 37; compared to its 52-week range of 23 to 64.

... More

Trading Radar for 9/1: lululemon (LULU), Joy Global (JOY), Campbell Soup (CPB), Ciena (CIEN), Ambarella (AMBA) Report

August 31, 2016 2:18 PM EDT

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

Before Markets Open:
Economics:
8:30am EDT

Initial Claims - Street sees 265kContinuing Claims - no Street consensusProductivity: Rev. - Street sees (0.6%)Unit Labor... More