The founder of Lululemon is now one of the 500 richest people in the world [DailyFinance (AOL.com)]
lululemon athletica inc. (LULU)
Last lululemon athletica inc. earnings: 3/26 04:05 pm
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Source: DailyFinance
Lululemon founder Chip Wilson is now one of the 500 richest people in the world. His fortune hit $3.9 billion thanks to a 15% surge in shares of the company. He stepped down from the board in 2015, but still owns a 13% stake in the activewear brand. Wilson is known for his controversial comments. Lululemon founder Chip Wilson has been named among the 500 richest people in the world. 62-year-old Wilson, who founded Lululemon Athletica Inc. in Vancouver, Canada in 1998, has the activeware brand's successful second quarter and a 15% surge in company shares to thank for his $3.9 billion fortune, according to Bloomberg . Lululemon beat Wall Street's net sales estimates for the eighth quarter in a row on Thursday, making Wilson $311 richer on Friday and adding another $41 million on Tuesday, Bloomberg reports. He is now the 496th richest person on the Bloomberg Billionaires Index. Wilson stepped down from the board in 2015 , a year after resigning as chairman and three y
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LULU
News
- Lululemon Athletica Inc. (NASDAQ: LULU) is now covered by analysts at BTIG Research. They set a "buy" rating and a $425.00 price target on the stock.MarketBeat
- Life Time and lululemon Announce New Partnership [Yahoo! Finance]Yahoo! Finance
- Lululemon (LULU) Stock Falls Amid Market Uptick: What Investors Need to Know [Yahoo! Finance]Yahoo! Finance
- Canadian Regulators Open ‘Greenwashing' Inquiry Into Lululemon [Yahoo! Finance]Yahoo! Finance
- Competition Bureau launches inquiry into Lululemon over ‘greenwashing' allegations [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
LULU
Earnings
- 3/21/24 - Beat
LULU
Sec Filings
- 4/26/24 - Form SC
- 4/25/24 - Form DEFA14A
- 4/25/24 - Form DEF
- LULU's page on the SEC website