January 24, 2016: TheStreet calls Lululemon a standout stock to buy. TheStreet says the ability of Lululemon to drive a better-than-expected holiday season against a backdrop of overall tepid spending by consumers bodes well for its fortunes this spring. In effect, it offers a sign the company’s merchandise is resonating with finicky consumers. Source: http://www.thestreet.com/story/13431343/2/3-standout-retail-stocks-that-are-worth-buying-now.html
More Lululemon Athletica News
January 2, 2015: Hearing takeover rumors circulating about Lululemon and that V.F. Corp could be a potential suitor. Source of rumors likely coming from this article on TheStreet: http://www.thestreet.com/story/13409153/3/lululemon-gets-sold-and-2-other-bold-retail-predictions-for-2016.html
November 20, 2015: Lululemon Athletica Inc (LULU Updated Trend Analysis) hearing rumors circulating that say Nike may consider making a bid for LULU. LULU spokesperson says “no comment” on the report, notes the company is in a quiet period ahead of earnings which should be released around Dec 10th.
November 19, 2015: Lululemon Athletica hearing vague takeover rumors circulating. The rumor is that Under Armour is a potential acquirer with a buyout offer in the low $60’s.
Lululemon Athletica (LULU Updated Trend Analysis) makes athletic apparel and accessories for men, women, and young females. The company sells shorts, tops, pants, and jackets for healthy lifestyle activities and athletic pursuits, such as yoga, running, dance, and general fitness.
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