Wells Fargo First Take on Lululemon Athletica LULU) Q4 and Guidance

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Lululemon (LULU) 'Back in Style', Says Analyst

March 27, 2014 2:23 PM EDT

Topeka Capital reiterated a Buy rating on Lululemon Athletica Inc. (NASDAQ: LULU) with a price target of $70.00. The stock is "back in style," punned analyst Dorothy S. Lakner.

"With a 4Q beat under its belt, product problems behind it, new senior... More

lululemon athletica, inc. (LULU) Tops Q4 EPS by 3c; Issues Light FY14 Outlook

March 27, 2014 7:17 AM EDT

lululemon athletica, inc. (Nasdaq: LULU) reported Q4 EPS of $0.75, $0.03 better than the analyst estimate of $0.72. Revenue for the quarter came in at $521 million versus the consensus estimate of $516.8 million.

-- Comparable stores sales for the fourth quarter decreased by 2% on a constant dollar basis. Total comparable sales, including comparable stores and direct to consumer, increased 4% for the fourth quarter on a constant dollar basis.
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