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Fly News Breaks for December 1, 2015
LULU
Dec 1, 2015 | 08:12 EDT
Credit Suisse analyst Christian Buss said analyst of lululemon SKUs on the company's website shows reduced discounting activity, higher SKU count, and sequential stable in-stock rates, indicating healthy sales momentum for the start of Q4. Buss said increased SKU count due to product refresh and reduce markdown activity, suggests potential gross margin expansion is more likely. The analyst rates lululemon an Outperform with a $64 price target on shares.
News For LULU From the Last 2 Days
