Lululemon (LULU) Buy Reiterated at Nomura Securities Post Q4
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Lululemon (LULU) Estimates Cut at Sterne Agee
March 28, 2014 7:25 AM EDTSterne Agee analyst Sam Poser cut estimates while reiterating an Underperform rating and $43 price target on Lululemon Athletica Inc. (NASDAQ: LULU).
Poser commented, "The separation that LULU once had from its competitors is shrinking. In-store service levels and customer... More
UPDATE: CLSA Upgrades lululemon athletica (LULU) to Outperform; Sees Return to Stability, Performance
March 28, 2014 7:07 AM EDT(Updated - March 28, 2014 7:20 AM EDT)
CLSA upgrades lululemon athletica, inc. (Nasdaq: LULU) from Underperform to Outperform, while raising its target price from $54 up to $60.
With the upgrade, CLSA noted its was rolling valuation forward to FY16. The firm commented,... More
Lululemon Athletica Inc. (LULU) Gains on CEO Comments
March 27, 2014 9:43 AM EDTLululemon Athletica Inc. (Nasdaq: LULU) gained on Thursday following the company's Q4 conference call. After reporting Q4 results and guidance, the stock was slightly lower but reversed following comments from CEO Laurent Potdevin.
Potdevin said the company was seeing 'clear... More
lululemon athletica, inc. (LULU) Tops Q4 EPS by 3c; Issues Light FY14 Outlook
March 27, 2014 7:17 AM EDTlululemon 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.
... More
