Get Even More Visitors To Your Blog, Upgrade To A Business Listing >>

Lululemon Athletica Earnings: Market Share Gains Vs. Nike, Under Armour?


Lululemon ( LULU ) discloses quarterly results after the closing bell as the yogawear maker looks to retake support at both its shorter-term and longer-term moving averages.


Estimates : Profit to fall 8% to 35 cents on 10% sales growth to $568 million, according to Zacks Investment Research.


Stock : Shares fell 3 cents to 57.58 in morning trade on the stock market today , sliding lower over the last few sessions and breaching support at both the 50-day and 200-day lines on Tuesday.


Bank of America Merrill Lynch had raised its rating of Lululemon to buy from underperform on product innovations and potential market share gains from Nike ( NKE ) and Under Armour ( UAA ).


Lululemon recently teamed up with Pottery Barn's PBteen, a Williams-Sonoma ( WSM ) chain, on an Ivivva home decor collection.




READ MORE (Investor's Business Daily)


  • Lululemon's Q2: Even If There's A Beat, The Stock Is Still A SellBenzinga
  • Susquehanna Maintains Rating And Lowers Price Target On lululemon athletica ...Newburgh Gazette
  • Tricia Patrick Joins lululemon Board of DirectorsBusiness Wire (press release)
  • Lululemon shares jump on earnings beat, 7% sales increaseMarketWatch
  • Lululemon rallies after lifting guidanceSeeking Alpha
  • lululemon athletica inc. (LULU) Rating Reiterated by Needham & Company LLCDispatch Tribunal
  • lululemon athletica (LULU) Tops Q2 EPS by 4c, FY Guidance Tops ViewsStreetInsider.com
  • Mike Khouw Sees Unusual Options Activity In LululemonBenzinga
  • Lululemon Athletica inc. (LULU) EPS Estimated At $0.35BZ Weekly


This post first appeared on The 5th News, please read the originial post: here

Share the post

Lululemon Athletica Earnings: Market Share Gains Vs. Nike, Under Armour?

×

Subscribe to The 5th News

Get updates delivered right to your inbox!

Thank you for your subscription

×