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December 4, 2012
07:55 EDTLULUlululemon Q3 results should be in-line, says Cowen
Cowen expects lululemon to report in-line Q3 results with Q4 guidance to be in-line as well. The firm expects improved margins but slowing growth in its Athleta Stores in 2013. Cowen believes easing product margin comparisons and a strong holiday season could lead to upside to their estimates. Shares are Outperform rated.
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