News Breaks |
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| 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, lululemon’s 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." |
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News For LULU From The Last 14 Days Check below for free stories on LULU the last two weeks. |
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| May 8, 2013 |
| 10:56 EDT |  | LULU | Lululemon Athletica volatility at low end of historic range
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| 10:40 EDT |  | LULU | Salesforce.com, Yelp rumored as potential Sohn short mentions, Kass says
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| 10:00 EDT |  | LULU | On The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: Ametek (AME) upgraded to Buy from Neutral at Citigroup... IAMGOLD (IAG) upgraded to Buy from Hold at Canaccord... Lowe's (LOW) upgraded to Buy from Neutral at ISI Group... lululemon (LULU) upgraded to Buy from Neutral at Sterne Agee... Myriad Genetics (MYGN) upgraded to Buy from Neutral at Mizuho... Orion Marine (ORN) upgraded to Outperform from Market Perform at FBR Capital... Trex Company (TREX) upgraded to Buy from Hold at BB&T... U.S. Auto Parts (PRTS) upgraded to Buy from Neutral at Roth Capital... Electronic Arts (EA) upgraded to Neutral from Sell at Monness Crespi... Electro Scientific (ESIO) upgraded to Buy from Hold at Noble Financial... Darling (DAR) upgraded to Buy from Hold at Maxim... J.C. Penney (JCP) upgraded to Hold from Sell at Maxim... Louisiana-Pacific (LPX) upgraded to Neutral from Underperform at DA Davidson... Grupo Televisa (TV) upgraded to Overweight from Equal Weight at Morgan Stanley... Marathon Oil (MRO) upgraded to Outperform from Neutral at Macquarie... Sibanye Gold (SBGL) upgraded to Overweight from Neutral at JPMorgan... Carrols Restaurant (TAST) upgraded to Strong Buy from Outperform at Raymond James. |
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| 08:10 EDT | | LULU | lululemon upgraded at Sterne Agee
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| 06:47 EDT | | LULU | lululemon upgraded to Buy from Neutral at Sterne Agee
Price target is $90. |
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| May 7, 2013 |
| 10:00 EDT |  | LULU | On The Fly: Analyst Initiation Summary
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| 06:15 EDT | | LULU | lululemon initiated with a Market Perform at Wells Fargo
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| May 6, 2013 |
| 11:55 EDT |  | LULU | lululemon sued by retirement fund over executive compensation, AP reports
The Hallandale Beach Police Officers and Firefighters' Personnel Retirement Fund, a retirement fund for police and firefighters in Florida, filed a lawsuit on Friday against lululemon, the Associated Press reports. At issue is the decision by lululemon's compensation committee to raise the maximum payout of the executive bonus plan just before a $60M recall of its Luon pants in March. Reference Link |
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