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Margin concerns are ‘much ado about nothing,’ analyst says
Lululemon (LULU) warned buyers on Monday that it really is expecting gross margins to drop year-over-year in the fourth quarter. But one particular analyst claims it is really something buyers will not have to be as well involved about. Tom Nikic, a senior fairness research analyst at Wedbush covering clothing, told Yahoo Finance Live the gross margin projections had been “not ideal” but issues will not be all bad for the luxury retailer relocating forward. “In the extended operate, this is likely to be considerably ado about almost nothing,” Nikic mentioned (movie higher than). “And as they obvious by means of some of the excess inventory that they’ve bought, I…

