Sentiment on Lululemon starts to turn

|About: Lululemon Athletica Inc. (LULU)|By:, SA News Editor

Analysts weighing in on Lululemon (LULU +1.5%) see a slow transition at the company as operational momentum picks up and new assortments filter in.

The general consensus from recent reports issued by Sterne Agee, Canaccord Genuity, and JPMorgan is that the worse period for the retailer is over.

Shares of LULU are down 23.7% YTD to lag peers in the athletic apparel sector by a wide margin.