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Lululemon Athletica inc. (LULU) Soars Following Earnings Beat

07 Décembre 2017

Its down 0.07, from 1.03 in 2017Q1.

Analysts await lululemon athletica inc. 111 funds opened positions while 694 raised stakes. Over the past week, shares are 1.18%. Crystal Rock Capital Management grew its stake in shares of lululemon athletica by 25.5% in the third quarter. The institutional investor owned 32,763 shares of the apparel retailer's stock after acquiring an additional 7,990 shares during the period.

The company's net income fell 13.8 percent to $58.9 million, or 43 cents per share, in the quarter ended October 29, mainly due to an asset impairment charge of $21 million. Bnp Paribas Asset Mngmt Hldg Sa has 0.81% invested in Cisco Systems, Inc. Credit Agricole S A reported 30,785 shares.

Meanwhile, Lululemon is looking for growth in menswear, which it expects to account for at least of one-quarter of annual sales by 2020, and footwear, which it sells in partnership with niche sneaker house Athletic Propulsion Labs. Gardner Lewis Asset Mgmt L P has 0.13% invested in Lululemon Athletica Inc. Shareholders shouldn't expect that Lululemon will have put all of its issues behind it for good, but the company is still doing a good job of avoiding some of the pressures that its peers in the athletic apparel space have suffered, and future growth looks likely in fiscal 2018 and beyond. State Street Corporation stated it has 2.11 million shares or 0.01% of all its holdings.

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What's in store for these stocks that are scheduled to release quarterly financial results on Wednesday, December 6, 2017? World Asset Inc holds 0.03% in Lululemon Athletica Inc. (NASDAQ:LULU) has "Buy" rating given on Thursday, December 8 by Evercore. (NYSE:HON). Dixon Hubard Feinour And Brown Va owns 0.09% invested in Honeywell International Inc. Robecosam Ag reported 27,947 shares. Canada Pension Plan Inv Board holds 20,410 shares or 0% of its portfolio.

A strong third-quarter performance at Lululemon Athletica Inc. should dispel industry fears that the athleisure apparel trend is dead. RBC Capital's PT suggests a possible downside of -0.98 % from the last stock close price of the company.

Among 37 analysts covering Cisco Systems Inc. Therefore 62% are positive. The stock now has an average rating of "Hold" and a consensus target price of $65.27. UBS maintained Lululemon Athletica Inc. Goldman Sachs maintained Lululemon Athletica Inc. (NASDAQ:LULU) on Thursday, February 2 to "Neutral" rating. Winslow Asset Mgmt holds 1.32% or 109,226 shares. The firm has "Buy" rating given on Thursday, March 31 by Citigroup. On Thursday, August 24 the stock rating was maintained by KeyBanc Capital Markets with "Hold". The stock of Cisco Systems, Inc. (NASDAQ:LULU) earned "Outperform" rating by Credit Suisse on Friday, January 29.

Winslow Asset Management Inc increased Lululemon Athletica In Com (LULU) stake by 103.66% reported in 2017Q2 SEC filing. The stock increased 0.32% or $0.12 during the last trading session, reaching $37.72. About 1.37M shares traded. Goldman Sachs upgraded Lululemon Athletica Inc. It has underperformed by 36.03% the S&P500. It operates through two divisions, Company-Operated Stores and Direct to Consumer.

Lululemon Athletica inc. (LULU) Soars Following Earnings Beat