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== lululemon Analyst bets on Coach over Lululemon in shaky cons ==
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Revision as of 19:12, 22 June 2013

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KeyBanc Capital Markets analyst Edward Yruma is putting his bets on Coach Inc. more than Lululemon Athletica Inc. for the shaky discretionary retail sector. "We do not dispute that Lululemon is amongst the greatest development stories in our coverage universe," Mr. Yruma wrote in a note to clientele, ,lululemon ta ta tamer, changing the recommendation on the stock to underweight from hold. "However we remain concerned that its high-end consumer base ($99 yoga pants) could hit the pause button." Mr. Yruma, based in New York, also stated a number of organizations had not too long ago cited mediocre overall performance in the Canadian marketplace, which includes La Senza,toms shoes sale, Children's Location and Abercrombie Fitch - a industry accounting for 52% of Lululemon's sales. He gave Lululemon a value target .

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