Lululemon (LULU) March weekly 146 straddle priced for move of 9.5% into EPS

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William Blair Reiterates Outperform Rating on Lululemon Athletica Inc. (LULU)

March 28, 2019 8:45 AM EDT

William Blair analyst Sharon Zackfia reiterated an Outperform rating on Lululemon Athletica Inc. (NASDAQ: LULU) following the company's 4Q earnings report. EPS rose 39%, to $1.85, ahead of the consensus estimates of $1.74 and upwardly revised guidance of $1.72 to $1.74, with the upside driven by a lower-than-expected tax rate ($0.08)... More