Dow Jones futures, along with the other major stock indexes, dropped Thursday after an unexpected rise in weekly unemployment claims from the Labor Department. Among the gainers were Nvidia (NVDA) — signaling more record highs for the artificial intelligence giant — and Lululemon Athletica (LULU), which soared on the stock market today following a strong […]
Lululemon’s (LULU) stock rose more than 10% in after-hours trading as the company boosted its full-year profit outlook and raised its stock repurchase program by $1 billion. The company said it now sees full-year earnings per share in a range of $14.27 to $14.47, up from a prior range of $14 to $14.20. It maintained […]
Lululemon (LULU) is set to report its first quarter results after the closing bell on Wednesday amid slowing sales growth and concerns about growing competition in the athleisure space. Analysts are worried the company, whose stock is one of the worst performers in the S&P 500 (^GSPC) this year, is losing customers to newer brands […]
Discount stores and athleisure retailer Lululemon wrap up retail results Wednesday amid a mixed bag this earnings season. Dollar Tree (DLTR) and Ollie’s Bargain Outlet (OLLI) report early Wednesday. Five Below (FIVE) and Lululemon (LULU) round out results after market close. However, OLLI stock is the only one shaping up near a buy point. X […]
As the day draws to a close, it’s time to look ahead and prepare for the key events scheduled for the upcoming week. On the earnings front, many companies are set to unveil their first quarter financial results. Among the notable names are athleisure giant Lululemon (LULU), discount retailer Dollar Tree (DLTR), and solar energy […]
More from Footwear News Lululemon announced late on Tuesday a series of “updated and more integrated” organizational changes. The moves come in conjunction with the departure of chief product officer Sun Choe, who has resigned and will leave the company this month to pursue another opportunity. The company said it does not intend to replace […]
As a writer who spends most of her days slaving over a hot computer, I’m always looking for ways to be active outside of work, whether it’s going on long leg-stretching morning walks or logging some miles on my Peloton. And though I enjoy moving, I hate squeezing into super-tight workout clothes and feeling constricted […]
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(Bloomberg) — Lululemon Athletica Inc. founder Chip Wilson pledged a chunk of his multibillion-dollar stake in the yogawear maker to secure financing from Goldman Sachs Group Inc., leveraging his biggest listed asset. Most Read from Bloomberg An investment firm for the Canadian billionaire pledged 1.8 million Lululemon shares — almost 20% of his holding — […]
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