Seeking Alpha

Lululemon starts off earnings week with some momentum

  • Lulemon (LULU +2.2%) reports Q4 earnings later this week with all eyes on how well the retailer held up with a promotional haze cutting into margins across the sector.
  • Though the company has already lowered expectations for the period, the read on online sales growth, margins, and store traffic will still be critical.
  • Shares of LULU are on the rose today, despite some PT cuts from investment firms.
  • JPMorgan lowered its price target on Lululemon LULU to $58 from $74.
  • Wedbush clips its PT on the retailer to $54, while Mizuho is on the low end at $48.
From other sites
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs