Lululemon

Lululemon on Thursday reported holiday earnings that topped expectations, but the athletic apparel retailer's guidance came in below estimates as its growth in North America stagnates.Here's how company did in its fourth fiscal quarter compared with what Wall Street was anticipating, based on a survey of analysts by LSEG, formerly known as Refinitiv:Earnings per share: $5.29 vs. $5.00 expectedRevenue: $3.21 billion vs. $3.19 billion expectedThe company's reported net income for the three-month period that ended Jan. 28…

Canadian sportswear clothing band, Lululemon store in Hong Kong.Budrul Chukrut | Lightrocket | Getty ImagesLululemon is launching its first men's footwear line and casual sneaker as the retailer looks for new avenues of growth in the increasingly crowded athletic apparel space, the company announced Thursday. The retailer is debuting its first casual sneaker, dubbed "cityverse," along with two new running shoes that will all come in both men's and women's styles for the first time. Cityverse will launch Feb. 13, while the…

Combination showing store signage from Aberdrombie & Fitch and Lululemon stores.Getty ImagesAbercrombie and Fitch, Lululemon and American Eagle Outfitters all raised their fiscal fourth-quarter outlooks Monday, saying they drew customers looking for holiday gifts and items for themselves in November and December.Yet Wall Street greeted the news with varying levels of enthusiasm Monday morning. Shares of Abercrombie and Amercian Eagle shot up about 7%. And Lululemon sank by more than 1%, after investors weighed the…

Black Friday shoppers at a Lululemon store at the Garden State Plaza in New Jersey.Mike Calia | CNBCLululemon on Thursday said it saw strong third-quarter demand, but the retailer's shares fell as it gave a tepid holiday outlook.Though sales grew across North America and internationally, the retailer's holiday guidance came in light of expectations. Lululemon said its expected sales to be between $3.14 billion and $3.17 billion for the fourth quarter, which is shy of the $3.18 billion analysts had expected, according to…

Lululemon reported earnings that beat Wall Street's estimates on the top and bottom lines Thursday and raised its full-year guidance, bolstered by improvements in China and freight costs. Shares of the company surged more than 12% in extended trading.Here's how the retailer did in its fiscal first quarter compared with what Wall Street was anticipating, based on a survey of analysts compiled by Refinitiv:Earnings per share: $2.28 vs. $1.98 expectedRevenue: $2 billion vs. $1.93 billion expectedThe company's reported net…

Listen to article(3 minutes)When our children dress up as “people from 2023” 10 years from now on Halloween, they will wear shiny, beige Alo Yoga leggings and sports bras, with puffy white socks, white sneakers and gold chain necklaces. They will clutch giant water bottles, iPhones and Tesla key fobs. They will look essentially like any paparazzi photo from this year of Hailey Bieber on her way to a hot Pilates class in Los Angeles. Copyright ©2023Dow Jones & Company, Inc. All Rights Reserved.…

A Lululemon sign is seen at a shopping mall in San Diego, California, November, 23, 2022.Mike Blake | ReutersLululemon is looking to sell its at-home fitness business Mirror and has approached competitor Hydrow as a potential buyer, CNBC has learned. Multiple parties have reached out to Hydrow to gauge its interest in Mirror, said industry sources, who declined to be named because the talks are private. It's not clear whether Hydrow, a private startup that sells connected rowing machines, is interested in moving forward…

A Lululemon sign is seen at a shopping mall in San Diego, California, November, 23, 2022.Mike Blake | ReutersLululemon on Tuesday reported strong holiday-quarter sales, suggesting wealthier shoppers are still purchasing yoga pants and tops despite rising prices for essential goods.The company also issued upbeat guidance for its new fiscal year.related investing newsShares of Lululemon jumped 11% in after-hours trading following the report. Through Tuesday's close, the stock is about flat for the year, putting the…

Nike is suing Lululemon for patent infringement related to at least four of the apparel company's shoes, extending a contentious legal history between the two companies.In the complaint, filed Monday in Manhattan federal court, Nike claims it has suffered economic harm and irreparable injury as a result of Lululemon's sale of the Chargefeel Mid, Chargefeel Low, Blissfeel and Strongfeel shoes.Nike said its three patent claims focus on textile elements, including knitted elements, webbed areas and tubular structures on the…

A pedestrian walks by a Bed Bath and Beyond store in San Francisco, California.Justin Sullivan | Getty ImagesCheck out the companies making headlines before the bell.Verizon — Verizon shares slipped 1.51% after the company posted mixed results for the 2022 fourth quarter. While earnings met analyst predictions, forward earnings fell short of a Refinitiv consensus estimate. .Bed Bath & Beyond — The meme stock gained 5.78%, building on its dramatic start to the year, even as the retailer warns of a potential bankruptcy.…