lululemon 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.
lululemon CFO impressive in meeting, says KeyBanc KeyBanc said it was impressed by new lululemon CFO Stuart Haselden in a recent meeting and the firm believes his operational and financial experience should help the company keep improving its operations. The firm repeated that it views lululemon as one of the best product turnaround opportunities within its coverage and it maintains an Overweight rating on the stock.