Oppenheimer With An Outperform Rating On Lululemon (LULU)

Published: June 4, 2021, 2:39 p.m.

b"Lululemon Athletica (LULU) earnings report indicated $1.16 in EPS and $1.2B in revenue, beating estimates. Oppenheimer's Brian Nagel says that they have an outperform rating on the stock as it looks very favorable upon recent trends. He believes that the company is well positioned to capitalize upon the easing Covid pressures and related economic recovery."