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Stock Market & Financial Investment News

News Breaks
June 12, 2014
05:52 EDTLULUlululemon reports Q1 EPS ex-items 34c, consensus 32c
Reports Q1 revenue $384.6M, consensus $381.24M. Reports Q1 SSS on a combined basis up 1% on a constant dollar basis. Comparable corporate-store sales for Q1 decreased by 4% on a constant dollar basis and direct to consumer revenue increased 25% on a constant dollar basis. Laurent Potdevin, lululemonís CEO, stated: "We are pleased that Q1 results were slightly ahead of our expectations. 2014 is very much a transitional year for lululemon, and we are on track with the improvements we have set out to achieve. We are focused on building a scalable foundation to further elevate our North American business and pursue the brand's incredible international potential."
News For LULU From The Last 14 Days
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October 1, 2014
07:25 EDTLULUTelsey Advisory to hold a conference
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September 30, 2014
10:59 EDTLULUlululemon management to meet with Oppenheimer
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06:05 EDTLULUStocks with implied volatility below IV index mean; LULU NKE
Stocks with implied volatility below IV index mean; lululemon (LULU) 31, Nike (NKE) 18 according to iVolatility.
September 29, 2014
06:08 EDTLULUStocks with implied volatility below IV index mean; LULU HD
Stocks with implied volatility below IV index mean; lululemon (LULU) 31, Home Depot (HD) 16 according to iVolatility.
September 26, 2014
06:09 EDTLULUStocks with implied volatility below IV index mean; LULU HD
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September 19, 2014
07:40 EDTLULUVF Corp. upgraded to Buy, could target lululemon, says KeyBanc
As previously reported, KeyBanc upgraded VF Corp (VFC) to Buy from Hold with an $80 price target. The firm cited momentum at its Timberland brand, VF's strong brand portfolio, and the potential for another large M&A transaction. The analyst said VF Corp. is well positioned to complete another large deal and could target lululemon (LULU). KeyBanc believes lululemon's quality issues, forecasting and store operational challenges play into VF Corp.'s strengths and that such an acquisition would be 10c accretive initially and 80c accretive over time.

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