Saturday, April 16, 2011
In the Zone
$LULU - Lululemon Athletica
Lululemon Athletica Inc. engages in the design, manufacture, and distribution of athletic apparel and accessories for women, men, and female youth in Canada, the United States, and Australia.
The company's apparel products include fitness pants, shorts, tops, and jackets for healthy lifestyle activities, such as yoga, running, and general fitness. Its fitness-related accessories comprise an array of items, such as bags, socks, underwear, yoga mats, instructional yoga DVDs, and water bottles.
The company sells its products through its retail stores; independent franchises; and a network of wholesale accounts that includes yoga studios, health clubs, and fitness centers, as well as directly through e-commerce.
As of January 31, 2010, it operated 124 company-owned and franchise stores under the lululemon athletica and ivivva athletica brand names. Lululemon Athletica Inc. was founded in 1998 and is based in Vancouver, Canada.
The company ended the week trading at $93.28 up $3.00 or +3.32% on lighter than average trading volume of 8.10 million. The average weekly trading volume for the company is 10.30 million.
Please keep (LULU) Lululemon Athletica on your watch list for a price move above $93.60 - $93.65 in the week ahead on heavier than average upside volume above 10.3 million. This is not a buy recommendation please do your own due diligence or get help from a professional before trading.
By: Marlin Rolle
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