News

The Sneaky Way Athleta Is Enticing Lululemon’s Customers

Activewear chain Athleta is trying to lure away Lululemon’s customers by offering lower prices and a better return policy. But Athleta’s latest tactic improves upon a trick out of Lululemon’s playbook, according to Brian Sozzi, chief equities strategist at Belus Capital Advisors. While Lululemon has offered free yoga classes for […]
The Sneaky Way Athleta Is Enticing Lululemon’s Customers
News

These 2 Charts Sum Up Everything That’s Going Wrong For Lululemon

Shares of lululemon are getting battered this morning after management cut guidance. “We were on track to deliver on our sales and earnings guidance through the month of December; however, since the beginning of January, we have seen traffic and sales trends decelerate meaningfully,” said CFO John Currie. “Based on […]
These 2 Charts Sum Up Everything That’s Going Wrong For Lululemon
News

Lululemon Blames ‘Public Relations’ Issues For Weak Traffic In Q4

Lululemon shares were down more than 11% in early trading Thursday after the company forecast weak sales during the holiday period, despite reporting better-than-expected earnings in the third quarter ending Nov. 3. In a call with analysts Thursday, Lululemon Chief Financial Officer John Currie attributed the company’s weak outlook to […]
Lululemon Blames ‘Public Relations’ Issues For Weak Traffic In Q4
News

In 2 Charts, Here’s Why Lululemon Shares Are Getting Destroyed

Shares of Lululemon are tanking hard this morning after management announced disappointing sales and earnings guidance. The stock is down by over 10%. So what’s happening? Brian Sozzi of Belus Capital Advisors says the story can be explained in two charts. “Outside of comps having peaked many quarters ago, Lululemon […]
In 2 Charts, Here’s Why Lululemon Shares Are Getting Destroyed
Markets

Lululemon Shares Are Tanking After Management Gives Weak Guidance

Despite reporting a decent Q3, Lululemon shares are getting punished after management issued weak guidance. The stock is down by over 10% in pre-market trading. Lululemon reported Q3 earnings of $US0.45 per share, beating expectations fo $US0.41 per share. During the period, comparable store sales were up 5% at the […]
Lululemon Shares Are Tanking After Management Gives Weak Guidance
Markets

JPMORGAN: Everyone Take A Deep Breath And Buy Lululemon

lululemon athletica, the yoga apparel retailer, has gotten a lot of bad press in recent months for selling pants that were more-or-less see-through. The stock is down 12% year-to-date. But this doesn’t have JPMorgan retail analyst Brian Tunick avoiding the stock. Rather, in a massive 46-page note Tunick initiates coverage […]
JPMORGAN: Everyone Take A Deep Breath And Buy Lululemon
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