Wednesday, September 10, 2008

LULU

Earnings Sept 11, EPS exp: 0.13, Previous Year 0.07

If LULU wants to bottom like my other retail picks SHLD and MW, then it has to react well to earnings. I have no idea if the expectations are too high, too low, or if it is 'good enough' that they come close like many other retailers. I will rely upon the stocks reaction to tell me how investors feel about the earnings. If the slow down in the economy is affecting sales, then their whole expansion of stores strategy could be a huge burden.

UPDATE: LULU is currently +10%
Short Percent of Float 74.35 %
Days To Cover (Short Interest Ratio) 16.2