CANADIAN BEATDOWN: $LULU HAS CRASHED AND IS NEVER COMING BACK

ibankcoin.com / Dr. Fly / Mar 29, 2017

It’s a Canadian company. What did you expect, long term growth? No, that’s not how the world works. Canadians come up with great ideas and then their American brothers take those ideas and make them better, rendering the old legacy shit in Canada obsolete.

$LULU just came out with numbers and they were abysmal. It’s over faggots. Stop shopping at LuLuLemon right now. No one likes that shit anymore.

Reports Q4 (Jan) earnings of $1.00 per share, $0.01 worse than the Capital IQ Consensus of $1.01; revenues rose 12.0% year/year to $789 mln vs the $783.32 mln Capital IQ Consensus.
Comp Store Sales increased 6% y/y, gudiance was for mid-single digits.

Co issues downside guidance for Q1, sees EPS of $0.25-0.27, excluding non-recurring items, vs. $0.39 Capital IQ Consensus Estimate; sees Q1 revs of $510-515 mln vs. $552.44 mln Capital IQ Consensus Estimate.

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