Torrid, page-14

Interesting re omicron rebound:


”BTIG stays bullish on Lululemon (NASDAQ:LULU) after factoring in the retailer's guidance update at the ICR Conference.Analyst Camilo Lyon: "While Omicron dealt a blow to LULU's store performance at the worst possible time (two very high volume weeks before Christmas) just as the window for e-commerce shipments to arrive in time for the holiday was closing, the good news is traffic has already started rebounding as the worst of Omicron infections appears to have peaked."It is noted that LULU's digital business remains robust, which is seen underscoring the reason behind the shortfall is Omicron related and nothing more specific to demand for LULU gear. Importantly, LULU stores are said to be trending positively again.”