The Lululemon Athletica inc. (LULU) Releases Q2 Earnings Guidance

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Five equities research analysts have rated the stock with a sell rating, seventeen have assigned a hold rating, nineteen have given a buy rating and one has assigned a strong buy rating to the stock. lululemon athletica now has an average rating of "Hold" and a consensus target price of $65.85. After having developed an enviable business model with loyal customers, controversial product problems led to near disaster for the yoga-apparel specialist. (NASDAQ:LULU). The Massachusetts-based State Street has invested 0.01% in Lululemon Athletica Inc.

Looking ahead, Lululemon sees full-year revenue of $2.590B to $2.605B vs. $2.60B consensus and full-year EPS $2.45 to $2.48 vs. $2.40 consensus. The stock of Lululemon Athletica Inc. Announces Third Quarter Fiscal 2017 Earnings ..." with publication date: "November 22, 2017.

Excluding items, the company earned 56 cents per share, beating the average analyst estimate of 52 cents. Needham & Company LLC reissued a "buy" rating and issued a $71.00 target price (up from $69.00) on shares of lululemon athletica in a report on Friday, December 1st.

Operationally, Lululemon also kept finding ways to improve.

Gross margin was 52.2% of sales during the quarter vs. 51.1% a year ago.

The extent of Lululemon's internal strategic moves was evident in its store counts for the quarter. The company ended the quarter with 388 stores. More interesting news about Lululemon Athletica Inc. About 1.63 million shares traded or 7.86% up from the average. The CEO pointed to the company's "unique position as the global brand defining an active, mindful lifestyle" as driving strong earnings results for the retailer. Philadelphia Tru Communications holds 0.81% of its portfolio in Cisco Systems, Inc.

Lululemon is also enthusiastic about its future.

Danilo Considering Quitting Manchester City After Just Four Months At The Club
Moyes admits the Manchester City squad is flush with talent, but believes they have weaknesses that can be exploited. That said we again had to wait for the next goal. "It is a big opportunity to win 18 points from 18 points.

"As we start the holiday season, I'm energized by our momentum and we are increasing guidance to reflect this performance". Prelude Mngmt Ltd Com invested in 0.01% or 1,448 shares.

For the fourth quarter of 2017, the company forecasts earnings in the range of $1.19 to $1.22 per share on an adjusted basis. The stock has a market capitalization of $9,100.31, a price-to-earnings ratio of 30.83, a price-to-earnings-growth ratio of 2.49 and a beta of 0.19. lululemon athletica inc. has a one year low of $47.26 and a one year high of $72.70. Moreover, Vantage Invest Advisors Limited Com has 0.01% invested in Lululemon Athletica Inc.

Chief Executive Laurent Potdevin said the strong results put the company on track to achieve its target of $4 billion in annual revenue in 2020.

When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. The advantage of this method is that it ignores near term flucuations and accounts for the overarching direction of Lululemon Athletica's earnings trajectory over time, which may be more relevant for long term investors.

Dan Caplinger has no position in any of the stocks mentioned.

Among 38 analysts covering Lululemon Athletica Inc.

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