Lululemon Athletica Inc
Stocks making the biggest moves premarket: General Motors, Constellation Brands, Tyson Foods and more
Check out the companies making headlines before the bell. Stocks moving on tariffs — U.S. stocks reacted to the new 25% tariffs President Donald Trump levied on Saturday on goods from Canada and Mexico, and 10% on China, effective at midnight Monday. Stocks suffering the most included automakers and suppliers, consumer goods makers, clothing companies, […]
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These are the stocks most at risk from Trump tariffs where they are not priced in
President-elect Donald Trump ‘s tariff plans threaten the outlook for several consumer goods stocks, including a slew of popular apparel and home goods retailers, according to Wolfe Research. Trump’s tariff plans have added to the uncertain sentiment weighing on markets in recent weeks. And the levies could potentially make the Federal Reserve’s job harder this […]
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Target says its holiday sales were better than expected — but its profits weren’t
Target raised its fourth-quarter sales forecast Thursday after more consumers turned to its stores and website for holiday shopping — particularly on days known for deep discounts. The big-box retailer now expects comparable sales in the fiscal fourth quarter to grow by about 1.5%. That’s better than its most recent outlook that the metric would […]
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Stocks making the biggest moves premarket: Abercrombie & Fitch, Pinterest, Howard Hughes Holdings and more
Check out the companies making headlines before the bell: Quantum stocks — Quantum stocks tumbled on Monday morning, following comments from Mark Zuckerberg echoing Nvidia CEO Jensen Huang that quantum is at least a decade away from being a “useful paradigm.” Zuckerberg made the comments on a Friday episode of the “Joe Rogan Experience.” Shares […]
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Lululemon says holiday season was better than expected, raises earnings and revenue guidance
Signage at a Lululemon store in New York on Aug. 22, 2024. Yuki Iwamura | Bloomberg | Getty Images Lululemon raised its fourth quarter earnings and revenue guidance on Monday after seeing a strong response from shoppers during the all-important holiday season. The athletic apparel company now expects sales to grow between 11% and 12% […]
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How Vuori reached a $5.5 billion valuation by taking share from Lululemon
When athleisure brand Vuori launched in 2015, it was headquartered in a garage, sold only men’s shorts and couldn’t get investors to give it the time of day. Now, the Carlsbad, California, retailer is expanding globally, backed by a string of marquee investors including General Atlantic, SoftBank and Norwest Venture Partners, after raising $825 million […]
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Stocks making the biggest moves premarket: Lululemon, Docusign, Petco, Ulta Beauty and more
Check out the companies making headlines before the bell. Lululemon – Shares popped 9% after the athletic apparel retailer topped Wall Street’s estimates for the fiscal third quarter and shared in-line holiday guidance. Samsara – The stock moved more than 9% lower after the software company reported lukewarm guidance for the fourth quarter. For the […]
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Stocks making the biggest moves after hours: Ulta Beauty, GitLab, Lululemon, DocuSign and more
Check out the companies making headlines in after-hours trading. Ulta Beauty – The beauty retailer jumped 12% after posting beats on the top and bottom lines in the fiscal third quarter. Ulta reported earnings of $5.14 per share on revenue of $2.53 billion. That topped analysts’ forecast for earnings of $4.54 per share and revenue […]
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Lululemon stock jumps as international growth helps to offset slowing U.S. sales
Lululemon‘s U.S. growth is continuing to slow, but the athletic apparel retailer is making big gains abroad, leading to a 9% increase in sales year over year. The yoga pants company on Thursday beat Wall Street’s expectations on the top and bottom lines and said it’s “pleased” with the start to the holiday season. Here’s how […]
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China’s biggest shopping event of the year exceeds low expectations
Staff sort express deliveries at China Post’s Zaozhuang branch in east China’s Shandong province on November 10, 2024 Nurphoto | Nurphoto | Getty Images BEIJING — China’s Singles’ Day shopping festival saw consumers spend more than expected in what has otherwise been a tepid retail environment, consulting executives told CNBC. The country’s version of Black […]
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