Lululemon same-store sales fall short, sending shares lower

MKM Partners Reiterates Buy on lululemon athletica (LULU) Following 2Q

MKM Partners reiterated a Buy rating and $90.00 price target on Lululemon Athletica Inc. (NASDAQ: LULU) following the company's 2Q earnings report. LULU's 5% comp included a 4% store comp and a 7% gain in DTC, below expectation's of 19%, with the differential largely due to the warehouse sale LY.

Analyst... More

Oppenheimer Reiterates Outperform on lululemon athletica (LULU) Following 2Q

Oppenheimer reiterated an Outperform rating and $80.00 price target on Lululemon Athletica Inc. (NASDAQ: LULU) following the company's 2Q earnings report.

Analyst Anna Andreeva commented, "LULU's supply chain/efficiency initiatives finally bearing fruit with 2Q16 gross margins up 260 bps (beating guidance by 140... More

Cowen Reiterates Outperform on lululemon athletica (LULU) Following 2Q

Cowen reiterated an Outperform rating and $80.00 price target on Lululemon Athletica Inc. (NASDAQ: LULU) following the company's 2Q earnings report. LULU reported an EPS print of $0.38, in-line with the Street. Also, a better-than-expected gross margin expansion was offset by higher SG&A.... More

UBS Remains Sidelined on lululemon athletica (LULU) Following In-Line 2Q

UBS reiterated a Neutral rating and $72.00 price target on Lululemon Athletica Inc. (NASDAQ: LULU) following the company's 2Q earnings report. LULU reported EPS of $0.38, in-line with the Street's $0.38.

Analyst Michael Binetti commented, "With LULU up nearly 45% YTD (vs XRT +2%), we expect... More

Stifel Sees Challenges at Gap (GPS) Continuing Amid Light August Comps; Affirms at 'Hold'

Stifel affirms Gap, Inc. (NYS: GPS) with a Hold rating and $25 price target following August 2016 retail sales results, as issued on Thursday night.

With today's report, analyst Richard Jaffe commented, We anticipate continued challenges in the near term at both the Gap and Banana divisions, despite... More

Wedbush Raises Price Target on lululemon athletica (LULU) to $84

Wedbush reiterated an Outperform rating on Lululemon Athletica Inc. (NASDAQ: LULU), and raised the price target to $84.00 (from $82.00), following the company's 2Q earnings report. Sales fell below expectations with SSS hitting +5% versus consensus of +6%. 2Q gross margin (+260 bps) came in well above consensus expectations (+130... More

Deutsche Bank Comments on Weakness in Lululemon (LULU) Following Q2 Results

Deutsche Bank maintained a Hold rating on Lululemon Athletica Inc. (NASDAQ: LULU) with a price target of $65. Shares declined following the release of Q2 results. Analyst Dave Weiner said a "balanced report" was not what the market wanted.

Weiner explained, "LULUs... More