HomeLifestyleRetailLululemon (LULU) Resizes Earnings Projections

Lululemon (LULU) Resizes Earnings Projections

Lululemon (LULU) is seeing a brutal day of selling. Alex Coffey and Jenny Horne discuss LULU as the company narrows its EPS view and raised its revenue. They talk about how big holiday crowds did not mean big profits for this company. They go over how LULU expects solid earnings growth going forward according to new projections. Alex then demonstrates an example trade using LULU. The trade type is buy a put calendar and the direction is bearish. Tune in to find out more about the stock market today.

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