5 Lululemon Analysts Break Down Q1 Beat: 'Momentum Building At LULU'


Lululemon Athletica Inc shares traded higher by 3.2% on Friday after the company reported an aggressive rebound in sales and store traffic in the first quarter.

Telsey Advisory Group analyst Dana Telsey said Lululemon once again demonstrated its strong operating momentum. “LULU continues to successfully invest in long-term growth drivers (such as international and digital at the Lululemon brand) from a position of strength, while core business trends continue to perform well near-term,” Telsey wrote.

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