Seeking Alpha

Nomura backs global growth story at Lululemon

  • Nomura Securities is in with a reiterated Buy rating on Lululemon (LULU) after digesting the retailer's earnings report.
  • The investment firm liked what it heard from LULU execs on the global brand rollout during the earnings call yesterday (CC highlights).
  • Shares of LULU rallied hard during the call as an aggressive tone on global growth was struck.
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