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Lululemon Athletica inc. (NASDAQ:LULU) announced its earnings results on Thursday. The company reported $0.13 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.32 by $0.19, American Banking News reports. The company had revenue of $384.60 million for the quarter, compared to the consensus estimate of $381.21 million. During the same quarter last year, the company posted $0.32 earnings per share. Lululemon Athletica inc.’s revenue was up 11.2% compared to the same quarter last year. Lululemon Athletica inc. updated its Q2 guidance to $0.28-0.30 EPS and its FY15 guidance to $1.71-1.76 EPS.

Shares of Lululemon Athletica inc. (NASDAQ:LULU) traded down 15.12% during mid-day trading on Thursday, hitting $37.6001. 17,103,182 shares of the company’s stock traded hands. Lululemon Athletica inc. has a 1-year low of $42.28 and a 1-year high of $77.75. The stock has a 50-day moving average of $44.92 and a 200-day moving average of $51.53. The company has a market cap of $5.465 billion and a price-to-earnings ratio of 23.19. Lululemon Athletica inc. also was the target of unusually large options trading activity on Wednesday. Stock investors acquired 37,791 put options on the company. This represents an increase of approximately 408% compared to the typical volume of 7,441 put options.

Several analysts have recently commented on the stock. Analysts at Stifel Nicolaus downgraded shares of Lululemon Athletica inc. from a “buy” rating to a “hold” rating in a research note on Thursday. On a related note, analysts at William Blair downgraded shares of Lululemon Athletica inc. from an “outperform” rating to a “market perform” rating in a research note on Thursday. Finally, analysts at Topeka Capital Markets reiterated a “buy” rating on shares of Lululemon Athletica inc. in a research note on Monday. One investment analyst has rated the stock with a sell rating, ten have given a hold rating and twelve have issued a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus target price of $60.13.

lululemon athletica inc. is a designer and retailer of technical athletic apparel operating primarily in North America and Australia.

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