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Investors boost stakes in Lululemon, which surpassed Q4 earnings and revenue estimates.
SRS Capital Advisors and other firms have increased their stakes in Lululemon Athletica, with institutional investors now owning over 85% of the company's stock.
Lululemon reported Q4 earnings of $2.87 EPS, beating estimates by $0.18, and revenue of $2.40 billion, surpassing expectations.
Analysts predict 14.36 EPS for the year, with a "Moderate Buy" rating and a consensus price target of $399.14.
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Los inversores aumentan las participaciones en Lululemon, que superó las estimaciones de ingresos y ganancias del cuarto trimestre.