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Retail analyst Rob Wilson pulls out an interesting tidbit from Lululemon's (LULU -0.9%)...
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Friday, January 18, 11:05 AM ETRetail analyst Rob Wilson pulls out an interesting tidbit from Lululemon's (LULU -0.9%) presentation at the ICR XChange Conference (recap). He notes management's admission that they haven't raised prices the last few years means its growth in comparable-store sales is all driven by higher traffic.
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Now they are entering men's wear. No brainer.
G