LULU

lululemon athletica inc. Announces First Quarter Fiscal 2024 Results

Retrieved on: 
水曜日, 6月 5, 2024

lululemon athletica inc. (NASDAQ:LULU) today announced financial results for the first quarter of fiscal 2024, which ended on April 28, 2024.

Key Points: 
  • lululemon athletica inc. (NASDAQ:LULU) today announced financial results for the first quarter of fiscal 2024, which ended on April 28, 2024.
  • For the first quarter of 2024, compared to the first quarter of 2023:
    Net revenue increased 10% to $2.2 billion, or increased 11% on a constant dollar basis.
  • The effective income tax rate for the first quarter of 2024 was 29.5% compared to 29.1% for the first quarter of 2023.
  • A conference call to discuss first quarter results is scheduled for today, June 5, 2024, at 4:30 p.m. Eastern time.

Lululemon athletica inc. (LULU) Investigation: Bronstein, Gewirtz & Grossman, LLC Encourages Investors to Seek Compensation for Alleged Wrongdoings

Retrieved on: 
木曜日, 5月 30, 2024

Attorney Advertising--Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Lululemon athletica inc. (“lululemon” or “the Company”) (NASDAQ: LULU).

Key Points: 
  • Attorney Advertising--Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Lululemon athletica inc. (“lululemon” or “the Company”) (NASDAQ: LULU).
  • Investors who purchased Lululemon securities are encouraged to obtain additional information and assist the investigation by visiting the firm’s site: bgandg.com/LULU .
  • You can also contact Peretz Bronstein or his client relations manager, Nathan Miller, of Bronstein, Gewirtz & Grossman, LLC: 332-239-2660.
  • Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits.

lululemon athletica inc. (LULU) Investigation: Bronstein, Gewirtz & Grossman, LLC Encourages Investors to Seek Compensation for Alleged Wrongdoings

Retrieved on: 
日曜日, 5月 26, 2024

Attorney Advertising--Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of lululemon athletica inc. (“lululemon” or “the Company”) (NASDAQ: LULU).

Key Points: 
  • Attorney Advertising--Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of lululemon athletica inc. (“lululemon” or “the Company”) (NASDAQ: LULU).
  • Investors who purchased lululemon securities are encouraged to obtain additional information and assist the investigation by visiting the firm’s site: bgandg.com/LULU .
  • You can also contact Peretz Bronstein or his client relations manager, Nathan Miller, of Bronstein, Gewirtz & Grossman, LLC: 332-239-2660.
  • Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits.

lululemon athletica inc. Announces First Quarter Fiscal 2024 Earnings Conference Call

Retrieved on: 
水曜日, 5月 22, 2024

lululemon athletica inc. (NASDAQ: LULU) today announced that its financial results for the first quarter fiscal 2024 will be released Wednesday, June 5, 2024.

Key Points: 
  • lululemon athletica inc. (NASDAQ: LULU) today announced that its financial results for the first quarter fiscal 2024 will be released Wednesday, June 5, 2024.
  • The company will host a conference call at 4:30 p.m. Eastern time to discuss the financial results.
  • A live webcast of the conference call will be available online at: https://corporate.lululemon.com/investors/news-and-events/events-and-pre... .
  • A replay will be made available online approximately 2 hours following the live call.

lululemon Announces Evolved Structure of Product and Brand Teams

Retrieved on: 
火曜日, 5月 21, 2024

The strategic organizational changes are intended to support the company’s near- and long-term growth plans, accelerate product innovation, and further enable its go-to-market strategies.

Key Points: 
  • The strategic organizational changes are intended to support the company’s near- and long-term growth plans, accelerate product innovation, and further enable its go-to-market strategies.
  • The company does not intend to replace the role of Chief Product Officer.
  • Effective immediately, Jonathan Cheung, Global Creative Director, will report to CEO Calvin McDonald and will drive the product design and innovation roadmap, continuing to oversee Design, Innovation, and Product Development.
  • Nikki Neuburger will become Chief Brand & Product Activation Officer, overseeing Merchandising, Footwear, and Product Operations, in addition to her current responsibilities leading Brand.

To acquire stake in Hangzhou Bizike, Phoenitron Holdings has eye on trillion-dollar e-commerce market

Retrieved on: 
水曜日, 4月 17, 2024

When the transaction is completed, Beijing Tecsun Venus will hold 20% of the enlarged registered capital of Hangzhou Bizike.

Key Points: 
  • When the transaction is completed, Beijing Tecsun Venus will hold 20% of the enlarged registered capital of Hangzhou Bizike.
  • The e-commerce market in the PRC has continued to grow over the past few years.
  • To Phoenitron, the thriving e-commerce market presents it with an important opportunity that agrees with its growth strategy and aim to diversity business.
  • Hangzhou Bizike's main business is to market and sell merchandises via livestreaming, and it also provides short video marketing and creates IP for KOLs.

To acquire stake in Hangzhou Bizike, Phoenitron Holdings has eye on trillion-dollar e-commerce market

Retrieved on: 
水曜日, 4月 17, 2024

When the transaction is completed, Beijing Tecsun Venus will hold 20% of the enlarged registered capital of Hangzhou Bizike.

Key Points: 
  • When the transaction is completed, Beijing Tecsun Venus will hold 20% of the enlarged registered capital of Hangzhou Bizike.
  • The e-commerce market in the PRC has continued to grow over the past few years.
  • To Phoenitron, the thriving e-commerce market presents it with an important opportunity that agrees with its growth strategy and aim to diversity business.
  • Hangzhou Bizike's main business is to market and sell merchandises via livestreaming, and it also provides short video marketing and creates IP for KOLs.

Life Time and lululemon Announce New Partnership

Retrieved on: 
火曜日, 5月 7, 2024

CHANHASSEN, Minn., May 7, 2024 /PRNewswire/ -- As pickleball remains the fasting growing sport for the third year in a row, Life Time (NYSE: LTH) and lululemon (NASDAQ: LULU) have announced a new partnership naming lululemon as an official apparel partner of Life Time pickleball and tennis. The new collaboration came to life on May 4th at a major pickleball event at Life Time PENN 1, one of Life Time's newest luxury athletic club destinations, featuring seven street level pickleball courts – the most in New York City.

Key Points: 
  • CHANHASSEN, Minn., May 7, 2024 /PRNewswire/ -- As pickleball remains the fasting growing sport for the third year in a row, Life Time (NYSE: LTH) and lululemon (NASDAQ: LULU) have announced a new partnership naming lululemon as an official apparel partner of Life Time pickleball and tennis.
  • The new collaboration came to life on May 4th at a major pickleball event at Life Time PENN 1 , one of Life Time's newest luxury athletic club destinations, featuring seven street level pickleball courts – the most in New York City.
  • "Life Time is known for providing our members with the best places, people, programs and products as we help them live healthier, happier lives.
  • Highlights of the agreement include providing best in class athletic apparel to the Life Time community, collaboration on key events throughout Life Time's portfolio of athletic country clubs, including select Life Time Pickleball Classic events, presence in Life Time's in club LIFESHOP's and online at https://shop.lifetime.life/ .

lululemon Unveils Team Canada Summer Athlete Kit for Paris 2024 Olympic and Paralympic Games in Partnership with the Canadian Olympic Committee and Canadian Paralympic Committee

Retrieved on: 
火曜日, 4月 16, 2024

Today, lululemon (NASDAQ:LULU) – in partnership with the Canadian Olympic Committee (COC) and Canadian Paralympic Committee (CPC) – revealed its first-ever summer Athlete Kit for Team Canada ahead of the Paris 2024 Olympic and Paralympic Games.

Key Points: 
  • Today, lululemon (NASDAQ:LULU) – in partnership with the Canadian Olympic Committee (COC) and Canadian Paralympic Committee (CPC) – revealed its first-ever summer Athlete Kit for Team Canada ahead of the Paris 2024 Olympic and Paralympic Games.
  • View the full release here: https://www.businesswire.com/news/home/20240416565200/en/
    lululemon unveils Team Canada Summer Athlete Kit for Paris 2024 Olympic and Paralympic Games.
  • “Our partnership with lululemon has been transformational for Team Canada athletes,” said David Shoemaker, CEO, Canadian Olympic Committee.
  • Additional Team Canada apparel and accessories, for both the Olympic and Paralympic Games, will launch online in the U.S. and in select stores in Paris in the lead-up to Paris 2024.

lululemon athletica inc. Announces Fourth Quarter and Full Year Fiscal 2023 Results

Retrieved on: 
木曜日, 3月 21, 2024

lululemon athletica inc. (NASDAQ:LULU) today announced financial results for the fourth quarter and fiscal year ended January 28, 2024.

Key Points: 
  • lululemon athletica inc. (NASDAQ:LULU) today announced financial results for the fourth quarter and fiscal year ended January 28, 2024.
  • During the fourth quarter, we saw continued momentum across our channels, geographies, and merchandise categories, driven by our teams around the world.
  • For the fourth quarter of 2023, compared to the fourth quarter of 2022:
    Net revenue increased 16% to $3.2 billion.
  • The effective income tax rate for the fourth quarter of 2023 was 28.1% compared to 62.3% for the fourth quarter of 2022.