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Company News for March 31, 2017

Zacks Equity Research

• Shares of Lululemon Athletica Inc. (LULU) declined 23.4% after reporting adjusted earnings of $1.00 per share, which lagged the Zacks Consensus Estimate of $1.01

• Chipotle Mexican Grill, Inc.’s (CMG) shares advanced 2.2% after the company’s win in class action suit filed by management trainees in six states 

• Shares of Cenovus Energy Inc. (CVE) declined 13.8% after the company decided to purchase divested ConocoPhillips (COP) properties for $13.2 billion

• Lockheed Martin Corporation (LMT)’s shares gained 0.9% after the company received a $1.6 billion order-dependent contract for the Counter Fire Target Acquisition Radar System  

 


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