Lululemon shares jumped after its earnings report this week, adding to its momentum in recent weeks. The athleisure company's international revenue growth accelerated in fiscal Q3.
Lululemon Athletica's shares spiked Friday after the company's CEO Calvin McDonald announced his resignation amid declining US sales, with its founder putting the board on notice about a potential proxy battle.
lululemon athletica inc. is a compelling turnaround play, rated Strong Buy due to discounted valuation and robust international growth. LULU posted Q3 revenue of $2.56B (+6.7% Y/Y) and GAAP EPS of $2.59, beating expectations despite margin pressures from tariffs and discounts. International markets, especially China (sales +46% Y/Y), are driving growth, offsetting weakness in the Americas and s...
Lululemon Athletica's shares surged 10% in premarket trading on Friday as a CEO shake-up sparked hopes of a turnaround at the yogawear maker looking to revive its sluggish U.S. business and win back younger, affluent shoppers.
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