Lululemon (LULU)

Add a New Bears Reason Company: Lululemon (LULU) Current price: Headline: (100 character max) Analysis: Cancel 50% agree 2 votes   Downturn in the U.S. Economy Top Contributor: Michael Mitchell | Created when NASDAQ:LULU was $8.27 | Edit | History Although Lululemon's core customers are relatively unaffected by downturns in the economy, an economic recession reduces the spending power of many of the company's "fringe" customers that may purchase occassional items, and thus may hurt the company's growth in sales. (100 character max) Cancel 0% agree 1 votes   Quarterly Report does Not Impress Top Contributor: Jack Bass | Created when NASDAQ:LULU was $28.10 | Edit | History Although the company's Q3 2008 revenue increased by 34%, LULU decreased its Q4 and overall 2008 outlook because of weakening consumer spending and a weakening Canadian Dollar. Instead of $130 million in revenue in Q4, the company now expects it will earn $90-$95 in revenue during the quarter following a double digit decrease in comparable store sales. (100 character max) Cancel

Wikinvest © 2006, 2007, 2008, 2009. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.