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Lululemon's Q3 Wins Over This Bear
Thursday, December 7, 2017 - 12:49pm | 445Lululemon Athletica inc. (NASDAQ: LULU) reported fiscal third quarter results after the close Wednesday, highlighted by 14 percent top-line growth on the back of 8 percent comps growth. Adjusted earnings per share of 56 cents trumped the consensus estimate of 52 cents per share....
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Expert: Look For Adidas And Puma To Continue Run In 2017
Friday, January 20, 2017 - 12:20pm | 750In a year where notable names Nike Inc (NYSE: NKE) and Under Armour Inc (NYSE: UA) (NYSE: UAA) suffered considerable share declines, 2016 was the start of a remarkable turnaround for adidas AG (ADR) (OTC: ADDYY). With the current retro fashion cycle, 2017 is shaping up to be another big year for...
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Guidance Monday: 5 Companies Issue Preliminary Guidance
Monday, January 9, 2017 - 11:21am | 522Investors and traders are waking up to the first full trading week of 2017 with a handful of companies issuing preliminary guidance. Given the wide range of market capitalization sizes and completely different industries the companies operate in, it would be difficult to make the case for any macro...
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Finish Line Is An Example Of How Not To Operate An Apparel Business
Thursday, December 22, 2016 - 1:08pm | 369Finish Line Inc (NASDAQ: FINL)'s stock plunged 15 percent on Wednesday, and the decline carried over into Thursday's trading session in reaction to the company's poor third-quarter earnings report. Gadfly's Shelly Banjo hinted that Finish Line's poor results shouldn't necessarily come as a surprise...
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Lululemon Traffic Remains An Outlier In December
Tuesday, December 20, 2016 - 9:22am | 287Wedbush’s Morry Brown noted that Lululemon Athletica inc. (NASDAQ: LULU)'s momentum has continued in December, while its local-themed collection has received a robust response in Dallas. Brown maintains an Outperform rating on the company, with a price target of $81. Positive Trends “...
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Lululemon Warns Q4 Off To A Slow Start
Thursday, December 8, 2016 - 12:57pm | 259Lululemon Athletica inc. (NASDAQ: LULU) reported an earnings beat and $100 million stock buyback after the market close on Wednesday. The stock spiked in after-hours trading before leveling off up around 16 percent at $69. BMO Bucks Wall Street Trend: Market Perform In contrast with the market...
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There Are Still Plenty Of Risks Ahead For Lululemon
Thursday, December 8, 2016 - 9:15am | 326Lululemon Athletica inc. (NASDAQ: LULU) reported strong Q3 results, with the EPS beating expectations, driven by improved gross margin and comps and partly offset by higher SG&A deleverage. Jefferies’ Randal J. Konik maintains a Hold rating on the company, while raising the price target...
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Sell-Side Sentiment Leading Into Lululemon's Earnings
Wednesday, December 7, 2016 - 3:21pm | 234Lululemon Athletica inc. (NASDAQ: LULU) is set to report Q3 results after the market close Wednesday. While long-term sell-side sentiment for the athletic apparel company varies, the Street is mostly cautious for the long term leading into the short-term catalysts: Cowen analyst Oliver Chen (...
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An In-Line Q3 Print From Lululemon Is Likely To 'Be Enough'
Tuesday, December 6, 2016 - 9:31am | 183Lululemon Athletica inc. (NASDAQ: LULU) is expected to report Q3 results Wednesday after the close. Even following mixed results from other apparel retailers, Wedbush analyst Morry Brown maintains an Outperform rating and $70 12-month price target on the stock. The key bear-side thesis before...
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Nike In Trouble? Adidas Is Dominating Casual Athletic Space
Monday, September 26, 2016 - 2:29pm | 724It's no secret adidas AG (ADR) (OTC: ADDYY)'s stock is on fire this year. The company has steadily risen to become a legitimate threat to Nike Inc (NYSE: NKE) over that same period. With Nike set to release Q1 earnings this week, investors are reasonably concerned with Nike's growth prospects,...
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Jefferies Calls A Peak To The 'Athleisure' Trend, Downgrades Lululemon
Thursday, September 8, 2016 - 12:06pm | 341A week after Lululemon Athletica inc. (NASDAQ: LULU) provided a downbeat forecast and lower-than-expected same-store sales for the second quarter, Jefferies downgraded the shares from Buy to Hold. Analysts Randal J. Konik and Janine Stichter have also reduced their price objective from $80 to $76...
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How Social Adoption Of Athleisure Is Impacting The Lingerie Industry
Tuesday, July 5, 2016 - 2:52pm | 317According to the latest data from TickerTags, the “Athleisure” fashion trend that emphasizes comfort, mobility and functionality could be having a major impact on the lingerie market as well. TickerTags monitors social media sites to identify trends by searching for words and phrases...
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Baird's Stock Picks In Footwear And Fitness Amid Brexit Fallout
Monday, June 27, 2016 - 3:46pm | 445Baird prefers Nike Inc (NYSE: NKE), Planet Fitness Inc (NYSE: PLNT) and Duluth Holdings Inc (NASDAQ: DLTH) in the apparel, footwear and fitness sectors, despite being concerned about market volatility and political uncertainty raising the risk of a U.S./global recession in the intermediate term. "...
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JPMorgan's Athleisure Switcheroo: Focused On Nike, Not Lululemon
Monday, March 21, 2016 - 10:59am | 425JPMorgan’s Matthew R. Boss maintained Overweight ratings for Nike Inc and Lululemon Athletica inc. (NASDAQ: LULU). The analyst added Nike to the U.S. Equity Analyst Focus List as a Growth Strategy pick, while removing Lululemon from the list. Nike The price target for the company has...
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Is Lululemon Making A Comeback?
Tuesday, January 5, 2016 - 9:30am | 388On Monday, the broader market suffered a decline as investors began to get jittery about volatility in China, the Federal Reserve's interest rate increase and valuation concerns. However, luxury athletic apparel retailer Lululemon Athletica inc. (NASDAQ: LULU) posted massive gains, with shares...