Actionable news
0
All posts from Actionable news
Actionable news in LULU: lululemon athletica inc.,

D.A. Davidson Details Expectations For Lululemon's Q2 Earnings

DA Davidson provided its outlook on Lululemon Athletica inc. LULU 1.8% ahead of Q2 earnings.

The analysts estimate Q2 comps, revenue and EPS of 5.1 percent, $514.1 million, and $0.38, respectively. Consensus comps, revenue and EPS estimates are 5.2 percent, $515.2 million, and $0.38, respectively. According to the analysts, compelling product and improved execution should fuel healthy Q2 performance.

"We are impressed with LULU's current product offerings and updated store layouts, and continue to believe the athletic category is a bright spot in the apparel space," they wrote.

DA Davidson reiterated its Neutral rating and $80 price target. The analysts believe the company's current valuation adequately reflects its significant global growth potential balanced with execution risks.

DateFirmActionFromTo
Aug 2016KeyBancMaintainsOverweight
Aug 2016KeyBancMaintainsOverweight
Jul 2016CitigroupMaintainsBuy

© 2016 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.