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Lululemon Athletica Inc. (LULU)

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299.74-23.24 (-7.20%)
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  • Yahoo Finance Video

    Lululemon stock falls on departure of chief product officer

    Shares of Lululemon (LULU) are falling in pre-market trading hours as the company announced the departure of its Chief Product Officer Sun Choe, with a restructuring of the team to put Nikki Neuburger in as the Chief Brand & Product Activation Officer with Chief Merchandising Officer Elizabeth Binder reporting to Neuberger. Morning Brief Anchors Brad Smith and Seana Smith break down the latest development for Lululemon and what it could mean for the luxury retail brand moving forward. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Nicholas Jacobino

  • Yahoo Finance Video

    These athleisure brands are still looking fresh to investors

    As major retailers continue to report earnings this week, investors should be thinking more about the brands filling store shelves. EquitySet CEO Tony Zipparro makes the case for including the top athleisure and apparel brands in your portfolio. "A lot of what we're seeing with names like Nike (NKE), Under Armour (UA, UAA), Lululemon (LULU) is it's really already priced in, right? So if they don't do well, you've seen them fall 20, 30%, whereas yes, there is a chance that they're losing market share. But a lot of that market share is growing... There's reports out that right now around $330 billion in athleisure consumer spending. That is supposed to be at a 9.3% compound annual growth rate until 2030, which puts the market nearly double," Zipparro says, believing these brands are "fine" on their valuations. For more expert insight and the latest market action, click here to watch this full episode of Wealth! This post was written by Luke Carberry Mogan.

  • Business Wire

    lululemon athletica inc. Announces First Quarter Fiscal 2024 Earnings Conference Call

    VANCOUVER, British Columbia, May 22, 2024--lululemon athletica inc. (NASDAQ: LULU) today announced that its financial results for the first quarter fiscal 2024 will be released Wednesday, June 5, 2024. The company will host a conference call at 4:30 p.m. Eastern time to discuss the financial results.