July 26, 2017

Lululemon Athletica inc. (LULU) Stock Tumbles After Soft Guidance

31 March 2017, 01:51 | Ignacio Smith

Lululemon Athletica inc. (LULU) Stock Tumbles After Soft Guidance

Lululemon Athletica inc. (LULU) Stock Tumbles After Soft Guidance

Lululemon has generally benefited from the shift in athletic wear becoming everyday fashion.

The company's holiday sales were stronger than for many other retailers, and investors had been optimistic heading into Wednesday's after-hours release of Lululemon's fourth-quarter results, with shares closing 4 percent higher. (LULU) is $73.81/share according to the consensus of analysts working on the stock, with an expected EPS of $1.01/share for the current quarter. As per Friday, September 11, the company rating was maintained by Cowen & Co.

Gross profit as a percentage of net revenue was rose to 54.2 per cent compared with 50.3 per cent a year ago. Wedbush restated an outperform rating and issued a $81.00 price target on shares of Lululemon Athletica a research note on Wednesday, January 11th. They now have a Dollars 67 price target on the stock. USA stock futures are holding around their closing levels from Wednesday afternoon.

Since the beginning of the calendar year, the stock is 2.02%.

Lululemon Athletica Inc. (LULU) shows its Return on Assets (ROA) value of 20.3 percent, while the Return on Equity (ROE) value is 25.2 percent and Return on Investment (ROI) value stands at 25.9 percent. This scale runs from 1 to 5 where 1 represents Strong Buy and 5 represents Sell. The United Kingdom-based Blackrock Group Inc has invested 0.02% in Lululemon Athletica inc. Royal Bank of Canada's target price would indicate a potential downside of 3.47% from the stock's previous close. The difference between the estimated and actual earnings was $0.04 per share. The Massachusetts-based State Street Corp has invested 0.01% in Lululemon Athletica inc.

If you want a bullish hedged trade on the stock, consider a June 45/50 bull-put credit spread for a 35-cent credit.

US wants free but fair and balanced trade: Mnuchin
The G20 meeting of world finance ministers has failed to agree a common position on world trade and climate change . He also has started the process to renegotiate the North American Free Trade Agreement with Mexico and Canada.

Boasting a price of $51.60, Lululemon Athletica Inc.

Among 5 analysts covering Chefs' Warehouse (NASDAQ:CHEF), 3 have Buy rating, 0 Sell and 2 Hold. Taking a further look from a different perspective, the stock has been recently recorded -0.570% off of the 52-week high of 113.240 and +24.669% apart from the 52-week low of 90.315.

During last one month it showed the change of 1.59%.

Total comparable sales, which includes comparable store sales and direct-to-consumer, increased 8%. The Company offers a line of apparel and accessories for women, men and female youth.

As the earnings date approaches, we can see that insider ownership is now 8.16% shares, and institutional ownership is at 99.50% for Lululemon Athletica Inc.

Lululemon Athletica Inc. (LULU) is now showing its ROA (Return on Assets) of 20.3%. News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for lululemon athletica inc. with's FREE daily email newsletter.

Other News

Trending Now

White House Officials Aided Nunes in Getting Intel
Speaking on Capitol Hill Thursday, Schiff said he was "more than willing" to accept the White House offer to view new information. Chuck Schumer (D-NY) called for Speaker of the House Paul Ryan (WI) to replace Nunes as chair; Rep.

Sushant Singh looks 'thrilling' in 'Romeo Akbar Walter' poster
Sushant is now working on Raabta , opposite Kriti Sanon, and was last seen in MS Dhoni The Untold Story . Dhoni: The Untold Story", is back with another interesting film titled Romeo Akbar Walter .

Netherlands head coach Danny Blind fired
So many "incidents" can not be mere coincidence and these poor results make Blind's parting shot sound delusional. They are now fourth in Group A, six points behind leaders France and three behind second-placed Sweden .

Bears' Hall, Packers' Dorleant arrested in Iowa
According to KWWL , the Black Hawk County Sheriff's Office said the two were arrested following a fight that broke out in the bar. The Sun-Times also reported that police officers said Hall smelled of alcohol, had bloodshot eyes, and was slurring his speech.

President Trump Unwinding Obama's Global Warming Initiatives
Trump campaigned on a platform that Obama-era environmental regulation had led to job losses, particularly in coalmining areas. For instance, the social cost of carbon metric served as the linchpin for many Obama administration environmental rules.

Got camera? Facebook adds more Snapchat-like features
Facebook has unveiled " Camera Effects " and "Stories", which bring popular Snapchat features to its app. Once you get access to stories , you'll find a camera icon in the top left corner of the Facebook app.

Dustin Johnson, Phil Mickelson roll into Match Play quarters
Dustin Johnson believes his current form gives him a significant advantage as he hunts for victory at the WGC Match Play. Johnson was almost flawless during pool play and cruised past Zach Johnson, 6 and 4, in the Round of 16.

Watch Danny Brown's Jonah Hill-Directed Video for 'Ain't It Funny'
Danny will feature on the upcoming Gorillaz album, and in 2017 plays Governor's Ball, Reading & Leeds, Bestival and more. ( Danny Brown has released his disturbing and uncomfortably amusing video for "Ain't It amusing ".

Kansas State 95, Wake Forest 88
Kansas State game on Mar. 14 at 9:10pm EST online through the NCAA's March Madness Live via your cable provider. He is looking forward to the opportunity after watching past teams win in Dayton and go on to bigger things.

House panel should investigate Clinton, not me
The White House, however, denied it is trying to prevent Yates from testifying. Mr Trump also criticised Ms Clinton for "praising Russia".