New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
March 18, 2013
17:55 EDTLULUlululemon lowers Q1 SSS growth view to 5%-8% from 11%
lululemon expects the "black luon pants shortage " issue will have a significant impact on its financial results. The company said : "Up to March 17, we were tracking to a comparable-store sales percentage increase of 11% on a constant dollar basis and expected revenue guidance to be in a range of $350 million to $355 million for the first quarter of 2013. We now expect a comparable-store sales percentage increase in the range of 5% to 8% for the first quarter of 2013, resulting in an expected revenue range of $333 million to $343 million. We are working to determine the impact on our earnings in the first quarter as well as expected impact for the balance of 2013. We will provide further information during our regularly scheduled earnings call Thursday March 21st."
News For LULU From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
June 26, 2015
10:23 EDTLULUAnalyst warns lululemon seeing increased competition in Canada
lululemon's (LULU) Canadian stores will probably be under pressure as new competitors have entered the company's core yoga apparel market there, research firm Macquarie warned in a note to investors earlier today. The firm highlighted one such competitor, Lole's Learning. WHAT'S NEW: Canada based Lole’s Learning and lululemon have similar products, similar prices, similar marketing events and similar store locations, Macquarie analyst Laurent Vasilescu reported. However, Lole's prices are "a tad more competitive," the analyst stated. Lole's started out as a wholesaler, but now has about 2,000 retail locations, many of which are within walking distance of lululemon stores, the analyst stated. Lole's has grown at a compound annual growth rate of 29% over the last five years, according to Vasilescu, who kept a $42 price target and Underperform rating on lululemon. WHAT'S NOTABLE: On June 9, lululemon reported slightly stronger than expected first quarter results and said that its U.S. stores were posting strong same-store sales trends in the initial weeks of Q2, while its Canadian stores were seeing positive Q2 comp trends. PRICE ACTION: In early trading, lululemon rose 1% to $68.29.
June 25, 2015
10:19 EDTLULUlululemon recalling women's tops with elastic draw cords due to injury hazard
Subscribe for More Information
June 22, 2015
06:02 EDTLULUStocks with implied volatility below IV index mean; QIHU LULU
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use