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February 20, 2014
07:56 EDTLULUlululemon denies misleading shareholders on luon problems, Reuters reports
Yoga pants maker lululemon said in a court filing related to a shareholder lawsuit that the company promptly addressed quality control problems with its luon pants as they became apparent and updated investors in real time, stating that "While all of this makes for interesting reading, it does not constitute securities fraud," according to Reuters. Reference Link
News For LULU From The Last 14 Days
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April 27, 2015
09:44 EDTLULUlululemon Q1 sales estimate $427M vs. consensus of $418M at ITG Research
ITG Research's Q1 sales estimate for lululemon is $427M vs. consensus of $418M and constant dollar comp assumption is 3%-4% year-over-year vs. management guidance of low-single digits.
April 20, 2015
10:00 EDTLULUOn The Fly: Analyst Downgrade Summary
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08:55 EDTLULUlululemon downgraded at CLSA
As previously reported, CLSA downgraded lululemon to Underperform from Outperform. The firm downgraded shares due to valuation and maintained its $68 price target.
07:21 EDTLULU, LULUlululemon downgraded to Underperform from Outperform at CLSA
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