Lululemon’s (LULU) earnings were released yesterday, December 9th. David Swartz, Equity Analyst at Morningstar, gives an overview of the earnings results. He talks about how LULU’s 3Q revenue came in at $1.50B versus an estimated $1.43B, and how its 3Q same store sales are up 32% Y/Y. He then goes over how Morningstar has a 1-Star rating on LULU with a $186 price target. George Tsilis, Contributor at the TD Ameritrade Network, demonstrates an example trade using LULU. Tune in to find out more.
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