Benzinga.com
0
All posts from Benzinga.com
Benzinga.com in Benzinga.com,

Lululemon Recapturing Customers; Other Issues Persist

lululemon athletica inc. NASDAQ:LULU - Lululemon Recapturing Customers; Other Issues Persist
  • Shares are up 1.4 percent on Friday trading.
  • While revenue and comps accelerated, other metrics still provide reasons to be concerned.
  • In a report issued Thursday, Credit Suisse analysts Christian Buss and Sara Shuler looked into Lululemon after it reported a “low quality beat and modestly raised guidance as comp acceleration was offset by the company's continued struggle with product flow, which pressured margins more than expected.”

    Related Link: Lululemon Is Controversial, But Growth Potential Is Nearly Unmatched In Retail

    The Figures

    • Gross Margins: Gross margins continued to deteriorate, falling...

    More