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BofA Highlights Lululemon's Menswear Business, Store Flexibility Ahead of Q4 Print
Tuesday, March 27, 2018 - 11:17am | 670Lululemon Athletica inc. (NASDAQ: LULU) will report fourth-quarter earnings after the close Tuesday, its first quarterly print after longtime CEO Laurent Potdevin stepped down in February due to workplace conduct issues, something sportswear competitor Nike Inc (NYSE: NKE) is also dealing with....
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Oppenheimer Maintains Confidence In Lululemon After CEO's Resignation
Tuesday, February 6, 2018 - 12:41pm | 284While the resignation of CEO Laurent Potdevin has caused an investor scare, Lululemon Athletica, Inc. (NASDAQ: LULU) has a “solid bench in place," an Oppenheimer analyst said. The Analyst Analyst Anna Andreeva maintained an Outperform rating on Lululemon with an $88 price...
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Lululemon Set For 'Long-Term Profitable Growth,' Says Bullish Analyst
Thursday, December 14, 2017 - 5:38pm | 696Following a strong third-quarter earnings report, Lululemon Athletica inc. (NYSE: LULU) is approaching an inflection point that could lead to $4 billion in annual revenue, according to a Susquehanna analyst. The Expert Susquehanna analyst Sam Poser maintains a Positive on Lululemon with...
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Analysts Go Cuckoo For LULU After Q3 Beat
Thursday, December 7, 2017 - 4:14pm | 655Lululemon Athletica inc. (NASDAQ: LULU) shares are ripping, moving 7 percent higher after a solid third quarter report in the face of a struggling athleticwear cycle. After showing solid e-commerce growth, comps that were up 8 percent in the quarter, and a men’s business that's...
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Lululemon Reports Big Q3 Earnings Beat, On Track For $4 Billion In Revenue By 2020
Wednesday, December 6, 2017 - 5:28pm | 240Lululemon Athletica inc. (NASDAQ: LULU) soared after a solid third quarter report that saw comps up 8 percent. The company reported third quarter adjusted EPS of 56 cents, topping estimates by 4 cents. Sales came in nearly $10 million higher than estimates at $619 million. Lululemon management also...
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Lululemon's CEO Says Physical Retail Isn't Going Away Anytime Soon
Thursday, September 28, 2017 - 12:16pm | 401Depending on who you ask, the physical retail space — stores and malls — is either on the brink of obscurity or still a strong force in retail sales. Lululemon Athletica inc. (NASDAQ: LULU)'s CEO Laurent Potdevin is among those who think that physical retail isn't going to fade...
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Lululemon Is Gaining Men's Approval, China Is Growing Rapidly
Friday, September 1, 2017 - 3:22pm | 544Lululemon athletica inc. (NASDAQ: LULU) delivered a second-quarter earnings beat on Thursday amid lots of questions surrounding the athletic apparel industry. On the earnings call, after raising fiscal year 2017 guidance the company highlighted two “secret weapons” that will drive the...
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Lululemon And The Question Of How Much Faith Can Be Put Into Guidance
Friday, June 2, 2017 - 3:06pm | 479For years, guidance has been used as a way for analysts to determine how to properly value a stock. Specifically, for Lululemon Athletica inc. (NASDAQ: LULU), over the past two quarters, management has been advising investors in two distinct directions. What Happened In Q4? On March 29, lululemon...
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Lululemon Soars After Beat And Raise, Plans To Shift ivivva To E-Commerce Business
Thursday, June 1, 2017 - 4:57pm | 362Is this the start of a Lululemon Athletica inc. (NASDAQ: LULU) turnaround? The influential Canadian athletic apparel brand has struggled significantly year to date, with shares down over 25 percent. Things may be starting turn around, however, after Lululemon reported encouraging first-quarter...
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Lululemon An Example Of Sticking To What's Working For Too Long?
Thursday, March 30, 2017 - 11:39am | 495Lululemon Athletica inc. (NASDAQ: LULU) shares are taking a beating on Thursday, declining over 21 percent on roughly five times their average volume. The Catalyst Driving Shares Lower The company reported after the market close on Wednesday fourth-quarter earnings per share that missed estimates...
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UPDATE: Lululemon Athletica inc. Posts Upbeat Q2 Earnings, Shares Jump
Thursday, September 11, 2014 - 6:37am | 285Shares of Lululemon Athletica inc. (NASDAQ: LULU) surged around 6.8 percent in premarket trading after the company reported better than expected second quarter earnings. The Vancouver, Canada-based company posted a quarterly net profit of $48.7 million, or $0.33 per share, versus a year-ago...
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Market Wrap For February 18: Dow Finishes Lower, Nasdaq Still Hot
Tuesday, February 18, 2014 - 5:47pm | 3229U.S. stocks traded mostly higher today despite a key measure of home builder confidence falling in February. The New York Fed's general business index also showed signs of vulnerability. Despite the weak economic data which is partially due to weather, the Nasdaq index rose for the eight...
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Still More Room for Disappointment in Lululemon
Friday, December 13, 2013 - 5:38pm | 464Lululemon Athletica Inc. (NASDAQ: LULU) issued a weak fourth quarter guidance and cut its full year guidance on Thursday, after announcing its third quarter results. The company expects its EPS to come in at a $0.78 to $0.80 range, on revenue of $535 million to $540 million. Analysts were...
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Market Wrap For December 10: Fed Meeting One Week Away
Tuesday, December 10, 2013 - 5:41pm | 1996After starting the week hitting record closes yesterday, major indices slipped in today's trading session. Investors are anxiously awaiting next week's Federal Reserve meeting which it is becoming more and more apparent that tapering is set to begin sooner, rather than later. The meetings will...
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Laurent Potdevin To Replace Christine Day As CEO of Lululemon
Tuesday, December 10, 2013 - 12:12pm | 541After a months long search which included a quirky job ad on its main webpage, Lululemon (NASDAQ: LULU) has announced it has hired a new CEO. Laurent Potdevin will replace outgoing CEO Christine Day in January 2014. Potdevin is a current President at TOMS and brings to the table years of...