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$19.37 -0.46 (-2.32%)
8/29/2008 4:00 PM

Lululemon athletica inc. (LULU)

CAPS Rating:
**

The Company is a designer and retailer of technical athletic apparel in North America.

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Avatar gdhhayes (21.28) Submitted: 4/11/08 1:54 PM : Outperform Start Price: $29.97 LULU Score: -29.20

Better than expected Q4 earnings, and plans for positive expansion in 2009 means profit will grow even further. And say what you will about the market, but if you've ever actually seen when Lululemon has their annual "warehouse" sale, in which people start lining up outside the location at 6 am, waiting for the doors to open at 9 am, and the late arrivers wait in 2 hr line-ups just to get in, then you'll understand why lululemon expansion has such strong growth potential, and why profits continue to exceed forecasts regardless of the market situation.

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