LULU analcysts expecting rebound in the second half of 2013 till then dead money or what ?
Canaccord Genuity Canaccord Genuity said would cause shortages that persist into the second quarter before comps rebound in the second half of the year.
In a Key Banc Capital Markets report, analysts noted that this supply chain issue is the most significant misstep of its supply chain issues to date. In recent quarters, the company has also frequently had to expedite goods via airfreight, analysts added.
"All of this points to a strained supply chain," they said. "We expect this most recent issue to further heighten the scrutiny on the supply chain, which could distract from the near-term seeding of international markets."