Lululemon Athletica shares jump 9%, analyst price targets rise after better-than-expected same-store sales
Lululemon Athletica Inc. shares were up 9.1% in Thursday premarket trading after the athletic company reported same-store sales that exceeded estimates. More than a half dozen analysts raised Lululemon's price target after the earnings announcement. Lululemon's same-store sales increased 8% in the third quarter, beating the 5.3% increase FactSet forecast. "Lululemon is firing on all cylinders," wrote Susquehanna Financial Group analysts led by Sam Poser. "Improvements up and down the supply chain... Читать дальше...