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Lululemon Athletica Canada, Calvin Klein and G-III Apparel Group, Reached a Settlement Agreement in Design Patent Litigation
Tuesday, November 20, 2012 - 4:02pm | 388lululemon athletica canada inc., a subsidiary of lululemon athletica inc. (NASDAQ: LULU), Calvin Klein, Inc., a wholly owned subsidiary of PVH Corp. (NYSE: PVH), and G-III Apparel Group, Ltd. (NasdaqGS: GIII), a Calvin Klein, Inc. licensee for Calvin Klein Performance, have entered into a...
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Stocks To Watch For September 10, 2012
Monday, September 10, 2012 - 1:17am | 198Some of the stocks that may grab investor focus today are: Wall Street expects Titan Machinery (NASDAQ: TITN) to report its Q4 EPS at $0.43 on revenue of $401.91 million. Titan Machinery shares gained 0.39% to $25.46 in after-hours trading. Shares of Intel (NASDAQ: INTC) dropped 3.61% on Friday...
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Benzinga's Top Pre-Market Losers
Friday, September 7, 2012 - 7:12am | 126Audience (NASDAQ: ADNC) dipped 58.17% to $7.89 in the pre-market session. Analysts at JP Morgan downgraded Audience from “overweight” to “neutral.” Mattress Firm Holding (NASDAQ: MFRM) dipped 12.79% to $28.30 in the pre-market session. Mattress Firm reported better-than-expected fiscal second-...
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UPDATE: Lululemon Q2 Profit Rises 49%
Friday, September 7, 2012 - 6:47am | 86Lululemon Athletica (NASDAQ: LULU) reported a 49% rise in its second-quarter profit. Lululemon's quarterly profit climbed to $57.2 million, or $0.39 per share, versus $38.4 million, or $0.26 per share, in the year-earlier period. Its adjusted profit came in at $0.34 per share. Its net revenue...
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US Stock Futures Up; Payrolls Data In Focus
Friday, September 7, 2012 - 5:36am | 333US stock futures are higher this morning, as investors are awaiting nonfarm payrolls data. Futures for the Dow Jones Industrial Average surged 40 points to 13,315.00 and S&P 500 index futures rose 5.80 points to 1,436.80. Nasdaq 100 futures gained 10.50 points to 2,836.00. US stocks closed...
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Earnings Scheduled For September 7, 2012
Friday, September 7, 2012 - 3:25am | 100Brady (NYSE: BRC) is projected to report its Q4 earnings at $0.52 per share on revenue of $327.18 million. The Kroger Co (NYSE: KR) is estimated to report its Q2 EPS at $0.49 on revenue of $21.91 billion. Lululemon Athletica (NASDAQ: LULU) is projected to report its Q2 earnings at $0.31 per share...
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Top 4 Mid-Cap Stocks In The Textile-Apparel Clothing Industry With The Highest Cash
Wednesday, August 15, 2012 - 3:48am | 118Below are the top mid-cap textile-apparel clothing stocks on the NYSE and the NASDAQ in terms of cash. Lululemon Athletica (NASDAQ: LULU) had $424.33 million in total cash and no debt for the latest quarter. PVH (NYSE: PVH) had $238.61 million in total cash and $1.98 billion in total debt for the...
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UPDATE: UBS Lowers PT on Lululemon Athletica to $80
Monday, August 13, 2012 - 1:55pm | 174UBS published a research report Monday on Lululemon Athletica (NASDAQ: LULU) and commented on the company's long-term growth story and also reiterated its Buy rating. In the report, UBS wrote, "While we don't believe these complaints materially impacted 2Q, we can't help but wonder if on the...
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Sterne Agee Reiterates Buy Rating, $85 PT on Lululemon Athletica
Friday, June 29, 2012 - 1:52pm | 116In a company report published earlier today, Sterne Agee reiterated its Buy rating and $85.00 price target on Lululemon Athletica Inc. (NASDAQ: LULU). Sterne Agee went on to say “we believe that the domestic athletic cycle is in full swing and view LULU as a natural beneficiary...While Nike's...
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Lululemon Falls on Rumor That Einhorn is Short
Thursday, June 28, 2012 - 12:14pm | 312Shares of women's athletic apparel retailer Lululemon (NASDAQ: LULU) are falling on heavy volume on Thursday after unconfirmed market rumors that David Einhorn's hedge fund Greenlight Capital is shorting the high-flying stock. At last check, LULU was trading down more than 6% and was sitting near...
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Luxottica Projects Record 2012 Profit
Monday, June 11, 2012 - 6:10am | 42Luxottica SpA (NYSE: LUX) expects to post record earnings in 2012, In the first quarter, Luxottica's adjusted EBITDA climbed 22% to EUR346 million. Group net sales climbed 15% to EUR1.8 billion. Luxottica shares closed at $32.47 on Friday.
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UPDATE: Jefferies Cuts PT to $73 on Lululemon Athletica on Valuation Concerns
Friday, June 8, 2012 - 11:43am | 101Jefferies reiterates its Hold rating on Lululemon Athletica (NASDAQ: LULU) and reduces its price target from $76 to $73. Jefferies comments, "1Q doesn't change our long-term view but does make us more hesitant around valuation. We are OK with management's strategic decision to restrict sales...
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Benzinga's Top Pre-Market Losers
Thursday, June 7, 2012 - 7:29am | 111Lululemon Athletica Inc (NASDAQ: LULU) dipped 11.80% to $61.76 in the pre-market session. LULU issued downbeat forecast. Staples Inc (NASDAQ: SPLS) fell 10.18% to $11.60 in the pre-market trading. SPLS's trailing-twelve-month profit margin is 3.90%. Navistar International Corp (NYSE: NAV) moved...
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Lululemon Shares Plummet on Disappointing Company Outlook
Thursday, June 7, 2012 - 7:09am | 373Impressive Q1 revenue increases can't keep Lululemon Athletica from tanking on the company's disappointing outlook. Lululemon (NASDAQ: LULU) announced this morning that for the first quarter (which ended April 29, 2012), net revenue increased 53% to $285.7 million. This compares favorably to the...
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UPDATE: Lululemon Posts Rise In Q1 Profit, Issues Downbeat Forecast
Thursday, June 7, 2012 - 6:57am | 96Lululemon Athletica Inc (NASDAQ: LULU) reported a rise in its first-quarter profit. Lululemon's quarterly profit climbed to $43.6 million, or $0.32 per share, versus $33.4 million, or $0.23 per share, in the year-earlier period. Its sales rose to $285.7 million from $186.8 million. Analysts...