|January 14, 2013|
|16:05 EDT||LULU||lululemon sees Q4 EPS 74c vs. previous outlook 71c-73c, consensus 74c|
For Q4, lululemon now anticipates that net revenue will be at the high end of its original guidance range of $475M-$480M based on a comparable-store sales percentage increase in the high single digits on a constant-dollar basis. The consensus revenue estimate is $489M. The company also now expects Q4 EPS share will be 74c for the quarter vs. previous guidance of 71c-73c and consensus of 74c. Christine Day, lululemonís CEO stated: "Our store managers, key leaders and educators stepped up and did a fantastic job this year as the calendar compressed holiday shopping patterns into a couple of key weeks. We are also pleased that our gross margin is running slightly ahead of plan, and that we are entering 2013 in a clean inventory position. Along with our new back to gym product, we are beginning to flow a beautiful new spring assortment into our stores this week and look forward to introducing new innovation and function to our guests in 2013."
News For LULU From The Last 14 Days
|October 16, 2014|
|10:01 EDT||LULU||On The Fly: Analyst Downgrade Summary|
Today's noteworthy downgrades include: Akamai (AKAM) downgraded to Market Perform from Outperform at Wells Fargo... CGG SA (CGG) downgraded to Reduce from Neutral at Nomura... Central Valley Community (CVCY) downgraded to Hold from Buy at Sandler O'Neill... DSM (RDSMY) downgraded to Neutral from Buy at Nomura... Disney (DIS) downgraded at Guggenheim... Francesca's (FRAN) downgraded to Underperform from Outperform at Macquarie... Netflix (NFLX) downgraded to Fair Value from Buy at CRT Capital... Nordstrom (JWN) downgraded to Neutral from Outperform at Macquarie... Norfolk Southern (NSC) downgraded at Credit Suisse... Rio Tinto (RIO) downgraded to Market Perform at Cowen... Seadrill (SDRL) downgraded to Reduce from Neutral at Nomura... Ternium (TX) downgraded to Neutral from Overweight at JPMorgan... Urban Outfitters (URBN) downgraded to Neutral from Outperform at Macquarie... Viacom (VIAB) downgraded at BofA/Merrill... eBay (EBAY) downgraded to Underperform from Buy at CLSA... lululemon (LULU) downgraded to Underperform from Neutral at Macquarie.
|05:39 EDT||LULU||lululemon downgraded to Underperform from Neutral at Macquarie|
Macquarie downgraded lululemon to Underperform after assuming coverage of the stock saying the company's expansion into Asia and Europe will drive a meaningful increase in spending. The firm lowered its price target for shares to $34 from $40.
|October 13, 2014|
|14:02 EDT||LULU||lululemon's Q3 sales tracking below consensus, says ITG Research|
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|October 9, 2014|
|06:10 EDT||LULU||Stocks with implied volatility below IV index mean; NKE LULU|
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|October 8, 2014|
|06:00 EDT||LULU||Stocks with implied volatility below IV index mean; ADHD LULU|
Stocks with implied volatility below IV index mean; Alcobra (ADHD) 123, lululemon (LULU) 35 according to iVolatility.