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

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

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

Morgan Stanley Downgrades Lululemon Athletica Inc. (LULU) to Equalweight

Morgan Stanley downgraded Lululemon Athletica Inc. (NASDAQ: LULU) from Overweight to Equalweight with a price target of $70.00 (from $74.00).

For an analyst ratings summary and ratings history on Lululemon Athletica Inc. click here. For more ratings news on Lululemon Athletica Inc. click here.

Shares of Lululemon Athletica Inc. closed at $76.66 yesterday.

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

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

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

Cowen reiterated an Outperform rating and $80.00 price target on Lululemon Athletica Inc. (NASDAQ: LULU) following the company's 2Q earnings report. LULU reported an EPS print of $0.38, in-line with the Street. Also, a better-than-expected gross margin expansion was offset by higher SG&A.... More

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

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

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

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

Lululemon Athetica (LULU) volatility elevated into Q2 and outlook

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

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

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.