Lululemon

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Last quote about Lululemon

Laurent Vasilescu - Macquarie Group
We observe [Lululemon's] website is down since yesterday afternoon. It is quite possible that the website was down for much longer. Every 24 hours represents 0.25% of total company quarterly sales and 0.33% of income from operations before general corporate expense. Another way to think about it is that every day the website is down – the company's total company comp for that day is likely down double digits.feedback
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May 23 2017
Lululemon has been commented on by 15 key people in the news. You can find all of them on this page with their statements. People who have been most quoted about Lululemon are: Laurent Potdevin, Chip Wilson, Randal Konik and Jim Harbaugh. For instance, the most recent quote from Laurent Potdevin is: “We've had an incredible Q4, an incredible 2016. I'm super grateful for the team. I mean, for the first time we're returning to earnings growth since 2013. We're a little disappointed, obviously. We're not satisfied with Q1. We had a slow start. There are a lot of great brands out there and we continue to lead the market. I mean, there is no doubt in my mind that the healthy, active, mindful lifestyle that we created, we continue to lead that. I see the strengths of our business in China. Our business in China is on fire.”.
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Laurent Potdevin

We had a strong holiday season in both our store and digital channels.feedback

Jim Cramer

Here's what these critics and their short-selling buddies missed: maybe all those missing sales from the other athleisure plays are going to their main competitor, Lulu.feedback

Laurent Potdevin

Our third quarter results demonstrated strong execution across all areas of our business, as we delivered continued topline momentum, outperformed in gross margin, and inflected meaningfully in [earnings per share].feedback

Randal Konik - Jefferies

Web-scrape still shows elevated promos. We've closely monitored the 'We Made Too Much' section of LULU's website and have observed heightened promo activity, which stands to threaten the significant GM [gross margin] expansion expected for 2H [second half] and potentially speaks to softening trends.feedback

Laurent Potdevin

As a company firmly rooted in Vancouver for eighteen years, we are proud of our Canadian heritage and deeply committed to remaining here for the long term.feedback

Laurent Potdevin

The people that are not in it for the right reasons will go away.feedback

Randal Konik - Jefferies

We believe that the athleisure trend is plateauing, and we expect more conservative growth going forward.feedback

Laurent Potdevin

It's so much more than apparel … when you think about Lululemon and its history, it's an investment in people. Giving them their best life, personal development and creating incredible product that allows them to live their life.feedback

Laurent Potdevin

Everything we do is driven by innovation … if we don't solve a problem for the athlete and if we are not proud of the product we don't do it.feedback

Laurent Potdevin

I think digital really augments what we can do in the mall. Think about the brands that drive traffic in the mall. I mean you've got Louis Vuitton, Lululemon and the Tesla of this world and we are driving traffic. We've got very successful stores in the malls.feedback

Laurent Potdevin

We've got a diverse, global team … and diversity breeds innovation. And being curious and collaborating, we are really in a position where we are just getting going.feedback

John Morikis

Despite Lululemon's improvement in profitability, we remain on the sidelines as weak traffic trends will likely continue to weigh on the comps going into the back half.feedback

Stuart Haselden

We did see traffic continue to be a headwind for us in the second quarter.feedback

Laurent Potdevin

The second quarter demonstrated strong results as we delivered sales and EPS at the high-end of our guidance and saw an important inflection in our gross margin and earnings performance. Our progress in the second quarter, especially in gross margin and inventory, marks the beginning of our recovery in profitability and sustainable long term growth.feedback

Chip Wilson - Lululemon Athletica

We've put out a plan, you know, of doubling revenues by 2020 and more than doubling profitability. We've reignited innovation. We've got an international strategy. We're building a digital culture. And we're very much on track to deliver on those targets with an engagement and a workforce engagement which I'm so proud of.feedback

Chip Wilson - Lululemon Athletica

It changed my life not a bit, because I would do exactly what I'm doing now for no money. money is not what drives or motivates him.feedback

Chip Wilson - Lululemon Athletica

There's not much difference between having probably $20 million and being a billionaire quite frankly.feedback

Neil Saunders - Banana Republic

Lululemon begins its new fiscal year in very much the same way it ended its last one: with strong overall sales growth fueled by the rise of online and the opening of new stores.feedback

Chip Wilson - Lululemon Athletica

Management competience is uninspiring at best. I am not convinced we have the right leadership in place to catalyze the change necessary to win in the current global, multi-channel and dynamic environment.feedback

Bridget Weishaar - Morningstar

The current management team has actually done a nice job... I think they have invested wisely and I think they managed to regain their core consumer back into the stores.feedback

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