UBS predicts Buy-rated Lululemon (LULU) will report Q1 profit ahead of forecasts after channel...

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

UBS predicts Buy-rated Lululemon (LULU) will report Q1 profit ahead of forecasts after channel checks show markdowns were in line and online selling was brisk. Another key factor for the retailer is that its fashion lines are still resonating with consumers.