lululemon athletica inc. Announces First Quarter Fiscal 2017 Results and Plan to Restructure Its ivivva Operations
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Lululemon Athletica Inc. (LULU) PT Raised to $49 at BofA/Merrill Lynch Following 1Q Beat
June 2, 2017 9:44 AM EDTBofA/Merrill Lynch raised its price target on Lululemon Athletica Inc. (NASDAQ: LULU) to $49.00 (from $46.00) while maintaining a Underperform rating. LULU reported adjusted 1Q17 EPS of $0.32, ahead of forecasts of $0.27. LULU will be restructuring ivivva including closing 40 out of 55 stores and converting another... More
Lululemon Athletica Inc. (LULU) PT Raised to $59 at Deutsche Bank
June 2, 2017 7:54 AM EDTDeutsche Bank raised its price target on Lululemon Athletica Inc. (NASDAQ: LULU) to $59.00 (from $58.00) while maintaining a Hold rating.
... MoreLululemon Athletica Inc. (LULU) PT Raised to $58 at Goldman Sachs, "Encouraged by 2Q reacceleration"
June 2, 2017 5:11 AM EDTGoldman Sachs raised its price target on Lululemon Athletica Inc. (NASDAQ: LULU) to $58.00 (from $56.00) while maintaining a Neutral rating.
Analyst Lindsay Drucker Mann remains Neutral citing risk/reward balance.
FY 2018 EPS estimate rises from $2.27 to $2.32, FY 2019 EPS estimate rises from $2.47 to $2.53 and FY 2020 EPS estimate rises from $2.69 to $2.76.
... Morelululemon athletica (LULU) Tops Q1 EPS by 4c, Offers Q2 and FY Guidance
June 1, 2017 4:06 PM EDT(Updated - June 1, 2017 4:17 PM EDT)
lululemon athletica (NASDAQ: LULU) reported Q1 EPS of $0.32, $0.04 better than the analyst estimate of $0.28. Revenue for the quarter came in at $520.31 million versus the consensus estimate of $513.92 million.
GUIDANCE:
For the second quarter of fiscal 2017, we expect net revenue to be in the range of $565 million to $570 million based on a total... More
