Lululemon Unveils Growth Plan Aimed At Men, Digital, Overseas Sales [Investor's Business Daily]
lululemon athletica inc. (LULU)
Last lululemon athletica inc. earnings: 3/26 04:05 pm
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Source: Investors Business Daily
Related news Lululemon ( LULU ) plans to double men's sales and digital sales and quadruple international sales by 2023 as part of its five-growth plan. Ahead of an analyst day Wednesday, the yoga gear maker also said its core women's business and North America stores will remain focus areas and are expected to generate revenue growth in the low double digits annually for the next five years. Lululemon sees total annual revenue growth in the low teens for the next five years, operating income growth topping revenue growth, EPS growth matching or exceeding operating income growth, capital expenditures of 6%-8% of revenues; and annual square footage growth in the low double-digits. Lululemon stock rose 0.1% to a fresh high of 177.00 in premarket trading on the stock market today . Lululemon stock was recently in a buy zone from a 19-week first-stage cup-with-handle base, MarketSmith analysis shows . The buy point was 152.91. The stock exploded out of buy range after posting earnings be
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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
- 5/8/24 - Form 4
- 4/26/24 - Form SC
- 4/25/24 - Form DEFA14A
- LULU's page on the SEC website