UPDATE: lululemon athletica (LULU) Tops Q4 EPS by 1c; Guides Q1 EPS, Revs Below Views

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Go back to UPDATE: lululemon athletica (LULU) Tops Q4 EPS by 1c; Guides Q1 EPS, Revs Below Views

Credit Agricole Downgrades Lululemon Athletica Inc. (LULU) to Sell

March 22, 2013 7:18 AM EDT

Credit Agricole downgraded Lululemon Athletica Inc. (NASDAQ: LULU) from Underperform to Sell with a price target of $55.00 (from $79.00).

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

Lululemon (LULU) Bulls Eager to Look Past Near-Term Quality Issues

March 21, 2013 2:08 PM EDT

Earlier this week Lululemon Athletica Inc. (NASDAQ: LULU) announced that a shipment of black luon had a degree of sheerness in product that did not meet standards. The pants were described as being see-through, a problem that was only discovered after users put the yoga pants through paces.

This morning Lululemon reported Q4 results that topped estimates. However, Q1 & FY guidance was impacted by the quality issue and fell short of consensus.... More