Cautious outlook on Lululemon from Goldman Sachs

Goldman Sachs revises its profit forecast for Lululemon (LULU) lower as it sees growth deceleration for the retailer.

The recent history of product issues and hiccups in store traffic are indicative that the days of hyper-growth are over for Lululemon, thinks Goldman.

The investment firm now sees 2014 EPS of $1.89 vs. $1.96 prior, while 2015 and 2015 estimates are also lowered.

LULU +1.1% premarket

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