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Goldman Sachs Maintains Buy on Lululemon After 3Q Results
Thursday, December 1, 2011 - 11:00am | 164Goldman Sachs has published a research report on Lululemon Athletica (NASDAQ: LULU) after the company reported its 3Q results. In the report, Goldman Sachs writes, "4Q EPS of $0.27 vs. FC $0.25/ GS $0.27 (+50% YoY). Vs. our expectations, comp sales +16% were in-line, gross margin was slightly...
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Earnings Roundup
Thursday, December 1, 2011 - 10:20am | 685Lululemon Athletica Inc (NASDAQ: LULU) reported a rise in its fiscal third-quarter earnings. Lululemon's quarterly earnings surged to $38.8 million, or $0.27 per share, from $25.7 million, or $0.18 per share, in the year-earlier period. Its revenue rose to $230 million from $176 million. However,...
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And There Goes Another of the Former Teflon Stocks - lululemon (LULU) Down 11% in Premarket
Thursday, December 1, 2011 - 9:02am | 727We had an interesting discussion in the comments section of yesterday's post on the 'junk stocks are leading' about the damage so many of the leadership stocks of the last 12-24 months have taken the past month. Among those stocks is lululemon athletic (LULU) which peaked this summer, and has made...
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UPDATE: Lululemon Reports Rise In FQ3 Earnings
Thursday, December 1, 2011 - 8:58am | 82Lululemon Athletica Inc (NASDAQ: LULU) reported a rise in its fiscal third-quarter earnings. Lululemon's quarterly earnings surged to $38.8 million, or $0.27 per share, from $25.7 million, or $0.18 per share, in the year-earlier period. Its revenue rose to $230 million from $176 million. However,...
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Jefferies Maintains Hold on Lululemon's Slight 3Q EPS Beat
Thursday, December 1, 2011 - 8:46am | 155Jefferies & Company has published a research report on Lululemon Athletica (NASDAQ: LULU) after the company released 3Q EPS results with a slight beat. In the report, Jefferies writes, "LULU eked out a slight beat with 3Q earnings with EPS, SSS, and margins all at or above the high end of...
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Benzinga's Top Pre-Market Losers
Thursday, December 1, 2011 - 8:33am | 110lululemon athletica inc (NASDAQ: LULU) dropped 11.41% to $44.03 in the pre-market trading. LULU reported downbeat Q3 revenue. NVIDIA Corporation (NASDAQ: NVDA) moved down 4.99% to $14.85 in the pre-market session. NVDA's trailing-twelve-month ROA is 9.22%. ARM Holdings plc (NASDAQ: ARMH) fell 1....
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Financial Breakfast: Morning News Summary for December 1, 2011
Thursday, December 1, 2011 - 7:47am | 1130Thursday, December 1, 2011 This is your Benzinga news summary and trader's outlook covering headlines from overnight and today's pre-market session. • The NYSE trading area is nearly 2/3 the size of a football field. Benzinga's Top News Euro-zone manufacturing sector dropped in November. The...
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Luxottica Acquires Brazil's Grupo Tecnol
Thursday, December 1, 2011 - 7:01am | 47Luxottica SpA (NYSE: LUX) reported that it has acquired Brazil's Grupo Tecnol. The enterprise value of the deal is about EUR110 million. Luxottica projects the deal to complete by the beginning of 2012. Luxottica shares gained 2.40% to close at $28.57 yesterday.
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US Stock Futures Down; Jobless Claims Data In Focus
Thursday, December 1, 2011 - 6:34am | 443US stock futures are lower this morning, after strong rise in the previous session. Futures on the Dow Jones Industrial Average dropped 30 points to 12,004.00 and futures on the S&P 500 stock index fell 5.20 points to 1,240.80. Nasdaq 100 futures declined 3.75 points to 2,291.25. US stocks...
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Earnings Scheduled For December 1
Thursday, December 1, 2011 - 5:55am | 494Barnes & Noble Inc (NYSE: BKS) is projected to report its Q2 earnings at $0.03 per share on revenue of $1.98 billion. Lululemon Athletica Inc (NASDAQ: LULU) is projected to report its quarterly EPS at $0.25 share on revenue of $235.7 million. Charming Shoppes Inc (NASDAQ: CHRS) is estimated...
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Auriga Maintains Buy, $68 Target on Lululemon Athletica
Tuesday, November 29, 2011 - 7:38am | 124In a research note, Auriga reiterates its Buy rating and $68 target on Lululemon Athletica Inc. (NASDAQ: LULU) as upside from strong comps it expected on the upcoming 3Q earnings. According to Auriga, “As noted in a report published in early November, we believe LULU's fall offering sold through...
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Jefferies Maintains Hold Rating and $59 PT on Lululemon Athletica
Tuesday, November 29, 2011 - 7:30am | 93A report from Jefferies reiterates its Hold rating and $59 price target on Lululemon Athletica (NASDAQ: LULU). The report states, “In a normal world, LULU would be a Buy under $50. However, the current macro environment adds a degree of valuation risk, at least for the time being. While LULU's...
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Italian Bond Yields Skyrocket
Tuesday, November 29, 2011 - 7:28am | 421Italian government 3-year bond yields reached euro-era highs during the country's latest bond auction. While the Italian government was successful in raising 7.5 billion euros ($10 billion) during the auction, the steep interest rates that it was forced to pay are troubling. The interest rate that...
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Top 4 Mid-Cap Stocks In The Textile-Apparel Clothing Industry With The Highest Operating Margin
Tuesday, November 22, 2011 - 4:44am | 127Below are the top mid-cap textile-apparel clothing stocks on the NYSE and the NASDAQ in terms of operating margin. The trailing-twelve-month operating margin at lululemon athletica inc (NASDAQ: LULU) is 27.65%. LULU's revenue for the same period is $820.30 million. The trailing-twelve-month...
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lululemon athletica Appoints Emily White to Board of Directors
Friday, November 18, 2011 - 7:30am | 36lululemon athletica inc. (NASDAQ: LULU) today announced that it has appointed Emily White to the company's Board of Directors. Ms. White's appointment expands lululemon athletica's board to 10 members.