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Stock Market & Financial Investment News

News Breaks
January 14, 2013
16:05 EDTLULUlululemon 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
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April 17, 2014
07:31 EDTLULULululemon faces increased competition in yogawear industry, Reuters says
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April 15, 2014
09:39 EDTLULUlululemon to host analyst day
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07:01 EDTLULUlululemon can ease competition concerns at analyst day, says Canaccord
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April 7, 2014
13:10 EDTLULUlululemon weekly volatility elevated into Analyst Day
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07:38 EDTLULUlululemon reiterated as a Buy ahead of Analyst Day at Topeka
Topeka expects lululemon's April 17 Analyst Day to be a "very positive" event and reiterates its Buy rating and $70 price target ahead of the event. The analyst said the new CEO is on a marketing offensive as the store base expands worldwide and new heads of merchandising and sourcing are working to maintain a high quality, innovative product.
April 4, 2014
10:10 EDTLULUJudge rejects claims from lawsuit against lululemon, Reuters reports
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