UPDATE 3-Lululemon raises fourth-quarter forecast, shares up [Reuters]
lululemon athletica inc. (LULU)
Last lululemon athletica inc. earnings: 3/26 04:05 pm
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Source: Reuters
Lululemon raises fourth-quarter forecast, shares up (Reuters) - Clothing chain Lululemon Athletica Inc ( LULU.O The forecast comes about a month after the company reported a surge in online traffic in the third quarter and registered a 76 percent jump in its e-commerce business in China. Chief Executive Officer Calvin McDonald, who has upped investment in China and in December identified Asia as a key growth driver, said the outlook revisions reflected “success around the globe”. The company’s shares, up 12 percent in the past six months, gained 7 percent to $141.38 in morning trade. The key holiday shopping season during November and December is important for retailers as they record a significant portion of their annual sales, both in-store and online, during the period. Susquehanna analyst Sam Poser, in a note on Jan. 8, said the trade war between the United States and China will not have a major impact on Lululemon, U.S.-based apparel maker V.F. Corp ( VFC.N GOOS.N “Each company i
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LULU
News
- 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
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LULU
Earnings
- 3/21/24 - Beat
LULU
Sec Filings
- 4/25/24 - Form DEFA14A
- 4/25/24 - Form DEF
- 4/3/24 - Form 4
- LULU's page on the SEC website