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Shares of Lululemon Athletica (LULU) are +7.8% premarket after the yoga-wear retailer said it...

Shares of Lululemon Athletica (LULU) are +7.8% premarket after the yoga-wear retailer said it would easily beat Q4 expectations - marking its fourth straight quarterly beat. LULU sees Q4 EPS of $0.55-0.57 (consensus $0.50) and net revenue of $237-239M (consensus $221M), and says it "will be chasing inventory for the remainder of the fourth quarter and into the spring season."
Comments (1)
  • inthemoney
    , contributor
    Comments (981) | Send Message
     
    This is just unbelievable. Who is buying their stuff? Are they like Tiffany's of yoga, i.e. they exist on a completely different plane from the rest of us. Every quarter I am greateful I haven't tried shorting this company. But I just dont' understand their business model.
    12 Jan 2011, 09:01 AM Reply Like
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