lululemon athletica (LULU) Misses Q1 EPS by 1c; Comps Rose 8%; FY16 Outlook Updated
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Go back to lululemon athletica (LULU) Misses Q1 EPS by 1c; Comps Rose 8%; FY16 Outlook Updated
June 9, 2016 9:34 AM EDT
Oppenheimer maintained an Outperform rating and $80.00 price target on Lululemon Athletica Inc. (NASDAQ: LULU) following the company's 1Q earnings report. LULU reported EPS of $0.33, ahead of the Street's estimate of $0.31. Gross margins beat guidance by 130 bps, with upside coming from product margins, less occupancy deleverage and... More
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
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
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
June 7, 2016 3:17 PM EDT
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