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Sentiment on Lululemon starts to turn

  • 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.
Comments (2)
  • market watch12
    , contributor
    Comment (1) | Send Message
     
    Agree
    9 Jun, 11:33 AM Reply Like
  • alukro
    , contributor
    Comments (76) | Send Message
     
    CEO and managers made big mistakes with Lululemon. Product went from Canadian and solid to overseas and shoddy, then they blamed their customers for their failures. Still though the yoga craze keeps going and I have yet to see anyone come up with a competitive product to go against Lululemon and so the stores are always filled with people whenever I take a peek in their stores.

     

    I don't have any stake in the company, I just enjoy watching the stock. With shorts reaching an all time high I will be amused if for once in a long time LULU outperforms.
    9 Jun, 04:48 PM Reply Like
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