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Lululemon's Prospects Remain Fit
Wednesday, March 31, 2021 - 3:05pm | 639Athletic apparel maker Lululemon Athletica Inc (NASDAQ: LULU) reported fourth-quarter results that came in better than expected but were overshadowed by management's outlook of higher investments in 2021. The Lululemon Analysts: Wells Fargo analyst Ike Boruchow maintains a Hold rating on...
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Barstool's Dave Portnoy 'Got My Shirt Taken From Me' On Lululemon
Friday, March 27, 2020 - 3:19pm | 362Lululemon Athletica Inc (NASDAQ: LULU) has an unhappy shareholder: Barstool Sports founder Dave Portnoy. Lululemon said, in conjunction with its fourth-quarter earnings report, it has to withdraw its financial guidance for the new year because of uncertainty brought on by the coronavirus. Rookie...
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Buy The Dip In Lululemon, Analyst Says In Upgrade
Monday, March 23, 2020 - 1:20pm | 339Shares of Lululemon Athletica Inc (NASDAQ: LULU) are down more than 35% over the past month and this represents a "good entry point" to buy, according to Needham. The Lululemon Analyst Rick Patel upgraded Lululemon's stock from Hold to Buy with a new $200 price target. The Lululemon...
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Report: Nike Looking To Sell Surf Brand Hurley
Thursday, July 25, 2019 - 9:34am | 326Nike Inc (NYSE: NKE) is looking to sell its surfwear brand Hurley International, sources close to the matter told Reuters. What Happened Nike is looking to divest its surfwear brand at a time when the hobby doesn't appeal to non-surfing consumers as it has in the past, sources told Reuters....
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Lululemon Doesn't Disappoint In Q2, As Same-Store Sales Impress The Street
Friday, September 1, 2017 - 9:22am | 377Lululemon Athletica inc. (NASDAQ: LULU)'s earnings report was good enough to garner some praise from analysts at Deutsche Bank but not good enough to warrant a Buy rating. The firm's Paul Trussell maintains a Hold rating on Lululemon's stock with unchanged $59 price target, which implies downside...
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Lululemon's Q2: Even If There's A Beat, The Stock Is Still A Sell
Thursday, August 31, 2017 - 2:05pm | 332One of the remaining notable companies to report their earnings report is Lululemon Athletica inc. (NASDAQ: LULU). The fashion retailer is scheduled to report its earnings after Thursday's market close, and even if the company impresses investors in the quarter, Canaccord Genuity's Camilo Lyon won'...
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Lululemon's Q2 Print Could Be A Comp Rebound Story; Bank Of America Issues Double Upgrade
Monday, August 21, 2017 - 11:11am | 385Analysts at Bank of America turned bullish on Lululemon Athletica inc. (NASDAQ: LULU) ahead of the retailer's second-quarter earnings report. The firm's Rafe Jadrosich upgraded Lululemon's stock rating from Underperform to Buy with a price target increase from $49 to $70. Lululemon is...
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Jim Cramer On Lululemon: Good Business But 'Toxic' Stock
Monday, June 5, 2017 - 3:08pm | 426Lululemon Athletica inc. (NASDAQ: LULU)'s stock tumbled in late March after the company's fourth-quarter earnings report was overshadowed by a worrisome first-quarter guidance. CNBC's Jim Cramer said at the time that there are two main issues plaguing Lululemon's business: 1) the core women...
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Under Armour Downgraded As Nike Price Wars Intensify
Monday, April 3, 2017 - 12:10pm | 396FBR & Co. analyst Susan Anderson downgraded shares of Under Armour Inc (NYSE: UAA) from Market Perform to Underperform with a price target slashed from $20 to $14. Anderson's downgrade follows recent checks, proprietary surveys and current trends that all point to continued sales and margin...
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Jim Cramer Highlights 2 Issues Hurting Lululemon
Friday, March 31, 2017 - 11:51am | 338Lululemon Athletica inc. (NASDAQ: LULU)'s stock plummeted on Thursday to a new 52-week low of $50.50 on Thursday after the company's first-quarter guidance caught investors off-guard. The company attributed its poor outlook to a lack of color in its product lineups. But CNBC's Jim Cramer thinks...
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Analysts Respond To Lululemon's Q4 Beat, Weak Outlook
Thursday, March 30, 2017 - 2:00pm | 848Shares of Lululemon Athletica inc. (NASDAQ: LULU) were trading lower by more than 20 percent early Thursday morning in reaction to the company's fourth-quarter earnings report, which came in better than expected. However, the company's first-quarter revenue guidance of $510 million to $515 million...
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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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Lululemon May Have Finally Reached Major Inflection Point In Q2
Tuesday, August 30, 2016 - 1:45pm | 386Camilo Lyon of Canaccord Genuity is expecting Lululemon Athletica inc. (NASDAQ: LULU) to report "solid" second-quarter results in its earnings report on September 1. However, the near-term positive view is overshadowed by a difficult bottom half of the year. Lyon is expecting Lululemon to earn $0....
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Lululemon's Plan To Double Sales By 2020 Might Not Be Ambitious Enough
Tuesday, April 5, 2016 - 11:55am | 340Following commendable fourth-quarter results, analysts are looking to the future for Lululemon Athletica inc. (NASDAQ: LULU). The Q4 results topped the expectations from the Street, with earnings a nickel ahead at $0.85 per share, and revenue $12.07 million ahead at $704.28 million versus...
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Lululemon Investors Focus On Q4 Earnings Beat, Shrug At Guidance
Wednesday, March 30, 2016 - 9:08am | 266Shares of Lululemon Athletica inc. (NASDAQ: LULU) were trading higher by more than 5 percent early Wednesday after the company reported its fourth-quarter results. Lululemon said that it earned $0.85 per share in the fourth quarter on revenue of $704.3 million. Wall Street analysts were expecting...