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LULU Jun 2024 390.000 call
| Previous close | 12.05 |
| Open | 10.60 |
| Bid | 0.00 |
| Ask | 0.00 |
| Strike | 390.00 |
| Expiry date | 2024-06-21 |
| Day's range | 10.47 - 12.39 |
| Contract range | N/A |
| Volume | |
| Open interest | N/A |
Insider MonkeyHere’s Why Lululemon Athletica (LULU) Declined in Q1
Investment advisory firm Ithaka Group released the “Ithaka US Growth Strategy” first-quarter 2024 investor letter. A copy of the same can be downloaded here. The correlation between bond yields and stock prices decoupled in the first quarter of 2024, as the Dow increased 5.6%, the S&P 500 increased 10.6%, and the Russell 1000 Growth increased […]
- Reuters
UPDATE 1-Lululemon to shutter Washington distribution center, lay off 128 employees
Lululemon Athletica will close its distribution center in the state of Washington at the end of the year and lay off more than 100 employees, the apparel retailer told Reuters on Friday. The Vancouver-based firm will shutter the Sumner distribution center as part of its business optimization effort and cut 128 jobs beginning June 21, according to a WARN notice filed with the state's Employment Security Department. The move comes at a time when Lululemon is seeing slowing demand for its premium athleisure in North America, where excessive inventory levels at sporting retailers has resulted in lower orders for sportswear and apparel firms.
ReutersLululemon to shutter Washington distribution center, lay off 128 employees
The Vancouver-based firm will shutter the Sumner distribution center as part of its business optimization effort and cut 128 jobs beginning June 21, according to a WARN notice filed with the state's Employment Security Department. The move comes at a time when Lululemon is seeing slowing demand for its premium athleisure in North America, where excessive inventory levels at sporting retailers has resulted in lower orders for sportswear and apparel firms. "We regularly evaluate our distribution network to help shape and support the future vision of our business," a company spokesperson told Reuters.
