Lululemon (LULU) earnings Q3 2024
Lululemon‘s U.S. growth is continuing to slow, but the athletic apparel retailer is making big gains abroad, leading to a 9% increase in sales year over year. The yoga pants …
Calvin McDonald
Lululemon to fast-track hot new styles after ‘Breezethrough’ fiasco
By Reuters Published Aug 31, 2024 Lululemon Athletica on Thursday promised to fast-track hot styles to the market, after embarrassing reviews of its “Breezethrough” leggings prompted the pricey athleisure maker …
Lululemon cuts annual forecasts on tepid US demand, slower product refresh
By Reuters Published Aug 30, 2024 Lululemon Athletica cut its annual sales and profit forecasts on Thursday, as demand for its pricey leggings and tank tops slowed in North America …
Lululemon is coming to an office (and golf course) near you
By Bloomberg Published Jun 6, 2024 Lululemon Athletic Inc. just pulled off a tricky feat. The Canadian maker of leggings and leotards reported better-than-expected first-quarter earnings, and upgraded its profit …
Lululemon jumps after raising its full-year profit outlook
By Bloomberg Published Jun 6, 2024 Lululemon Athletica Inc. raised its profit outlook for the full year while also beating market expectations for earnings in the first quarter, driving shares …
Lululemon’s Sun Choe departs from chief product role prompting restructure
Lululemon Athletica announced on Tuesday an updated and more integrated organizational structure, in conjunction with the departure of Sun Choe, chief product officer, who has resigned and will leave the …
Lululemon unveils new athlete collection for Canadian Olympic team
Vancouver-based athletic apparel brand Lululemon, in collaboration with the Canadian Olympic Committee (COC) and Canadian Paralympic Committee (CPC), unveiled on Tuesday its inaugural summer Athlete Kit for Team Canada, ahead …
Lululemon has a shot at Nike’s spot. But it has to want it.
By Bloomberg Published Mar 25, 2024 Lululemon Athletica Inc. has been breaking out of its niche of selling $100 athleisure leggings to offer selections that focus on performance. It could …
Lululemon sinks after US consumer retreat spurs weak outlook
By Bloomberg Published Mar 23, 2024 Lululemon Athletica Inc. said it has seen a shift in the shopping behavior of its high-end US consumer, which drove a lower-than-expected sales outlook …
Lululemon warns of slowing North America sales as spending falters
By Reuters Published Mar 22, 2024 Lululemon Athletica forecast annual revenue and profit below expectations on Thursday as demand wanes for the apparel retailer’s premium athleisure mainly in the North …