Lululemon to close all North America, Europe stores for 11 days [MarketWatch]
lululemon athletica inc. (LULU)
Last lululemon athletica inc. earnings: 3/26 04:05 pm
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Source: MarketWatch
Lululemon to close all North America, Europe stores for 11 days Lululemon Athletica Inc. LULU, +4.51% said Sunday that it will close all of its stores in North America and Europe, from March 16 through March 27, in response to the COVID-19 pandemic. "We are taking this step to help protect our global community, guests and people, and ensure we are doing our part to prevent the spread of COVID-19," said Chief Executive Calvin McDonald. "During this time, lululemon employees will continue to receive pay for all hours they have been scheduled to work and have access to lululemon's Global Pay Relief plan." The stock has tumbled 30.5% over the past month through Friday, while the SPDR S&P Retail ETF XRT, +6.78% has lost 27.0% and the S&P 500 SPX, +9.29% has shed 19.8%.
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News
- Lululemon (LULU) Stock Drops Despite Market Gains: Important Facts to Note [Yahoo! Finance]Yahoo! Finance
- Lululemon Athletica (NASDAQ:LULU) Is Reinvesting To Multiply In Value [Yahoo! Finance]Yahoo! Finance
- Lululemon Athletica Inc. (NASDAQ: LULU) was downgraded by analysts at Barclays PLC from an "overweight" rating to an "equal weight" rating. They now have a $395.00 price target on the stock, down previously from $546.00.MarketBeat
- Alo Yoga, Vuori gaining share in activewear market, report finds [Yahoo! Finance]Yahoo! Finance
- Lululemon Athletica Inc. (NASDAQ: LULU) had its price target lowered by analysts at Sanford C. Bernstein from $430.00 to $384.00. They now have a "market perform" rating on the stock.MarketBeat
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