Tag Archives: LuluLemon

Retailers are giving their investors a delayed lump of coal. Several high-profile retailers are out with lackluster sales and profit updates ahead of their full results in late February/early March. Overall, the vibe in the reports are dim as consumers pullback on discretionary purchases and retailers battle through stubborn inflation and still bloated inventories. The corporate logo for Lululemon hangs on a wall at their store in Brookfield Place on August 26, 2022, in New York City. (Photo… Source link

Associated Press As Brazil reels from riots, Bolsonaro finds home in Florida As Brazil reels from mobs of rioters swarming its seats of power, its former leader has decamped to a Florida resort, where droves of supporters flocked to cheer on their ousted president. Devotees have traveled in recent days to the temporary home of Jair Bolsonaro, a gated community with towering waterslides, for a chance to see him. “I will always support him,” said 31-year-old Rafael Silva, who left Brazil… Source link

Retailers are giving their investors a delayed lump of coal. Several high-profile retailers are out with lackluster sales and profit updates ahead of their full results in late February/early March. Overall, the vibe in the reports are dim as consumers pullback on discretionary purchases and retailers battle through stubborn inflation and still bloated inventories. The corporate logo for Lululemon hangs on a wall at their store in Brookfield Place on August 26, 2022, in New York City. (Photo… Source link

Lululemon ($LULU) saw its best Black Friday ever, but that wasn’t good enough to match Wall Street’s hopes for the holiday season during the company’s latest financial release on Thursday. The company guided for fourth quarter earnings per share (EPS) of $4.20 to $4.30 on revenue of $2.605 billion to $ 2.655 billion, compared to Wall Street estimates of $4.30 EPS on $2.65 billion in revenue. “Black Friday was the biggest day ever in our history in terms of revenue and traffic, driven… Source link

When her contract with Nike (NKE) was up for renegotiation, American Olympian Colleen Quigley chose to leave the athletic apparel giant for a different type of deal with Lululemon (LULU). “I’ve been with Nike since 2015 when I graduated from Florida State University… and joined the team out here in Portland, then had a great five-year run with them,” Quigley said on Yahoo Finance Live (video above). “But I think when I got to the end of that, I just decided that they weren’t giving me… Source link