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Thursday, Sep 5
Analysts weigh in on Lululemon
- Lululemon's (LULU +0.4%) fall line seems to be passing muster with consumers, according to a channel check by Canaccord Genuity.
- The investment firm thinks Lululemon has restocked successfully after going through a high-profile recall on Luon pants and should reach "normalized" levels of comparable store sales growth again.
- Credit Suisse also sees a H2 recovery for the retailer's inventory and markdown levels.