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lululemon athletica inc. - LULU STOCK NEWS

Welcome to our dedicated page for lululemon athletica news (Ticker: LULU), a resource for investors and traders seeking the latest updates and insights on lululemon athletica stock.

Lululemon Athletica Inc. (symbol: LULU) is a globally recognized company that designs, distributes, and markets high-quality athletic apparel, footwear, and accessories. Founded in 1998 in Vancouver, Canada, the company has grown from selling gear out of a yoga studio to a multinational brand with over 700 stores in approximately 20 countries. Lululemon's product range includes pants, shorts, tops, jackets, and fitness accessories like bags, yoga mats, and equipment, catering to both leisure and athletic activities.

The core of Lululemon's business is yoga, but the company also produces specialized gear for running, dancing, biking, and general fitness enthusiasts. Their mission is to inspire and enable people to live long, healthy, and fun lives by providing technical, athletic gear designed for performance.

Lululemon continues to innovate with new products and materials, and its commitment to quality and performance has earned it a strong following. The company's stores can be found in diverse locations including Sydney, Jackson, Anchorage, Cologne, and Singapore, among many others. Beyond physical stores, Lululemon also operates a robust e-commerce platform, and sells products through outlets and wholesale accounts, making its products widely accessible.

Recent achievements include collaborations with prominent athletes and influencers, and ongoing efforts in sustainability, aiming to reduce environmental impact through responsible sourcing and manufacturing practices. Financially, Lululemon has shown consistent growth, supported by a strong balance sheet and strategic expansions into new markets and product lines.

For investors, Lululemon represents a dynamic and innovative company with a solid track record and a clear vision for future growth. Stay updated with the latest news and developments to get a comprehensive understanding of Lululemon's market performance and strategic initiatives.

News

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

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

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lululemon athletica inc. (NASDAQ:LULU) reported strong financial results for the fourth quarter and fiscal year ended January 28, 2024. Fourth-quarter revenue increased by 16% to $3.2 billion, with diluted EPS of $5.29. Full-year revenue grew by 19% to $9.6 billion, with diluted EPS of $12.20 and adjusted EPS of $12.77. The Company saw growth in net revenue, gross profit, and income from operations, with positive trends in Americas and International markets. The Company's 2023 results highlight its resilience and growth potential.
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Teri List Joins lululemon Board of Directors

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lululemon athletica inc. (LULU) appoints Teri List, an experienced business leader, to its Board of Directors. Teri's background in finance and extensive board experience will benefit lululemon's global growth.
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lululemon athletica inc. Announces Fourth Quarter and Full Year Fiscal 2023 Earnings Conference Call

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Lululemon athletica inc. (NASDAQ: LULU) will release its financial results for the fourth quarter and full year fiscal 2023 on March 21, 2024. A conference call will be held to discuss the results, with a live webcast available online. Participants can join by phone or webcast.
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lululemon’s First-of-its-Kind Women’s Ultramarathon, FURTHER, Begins March 6 to Better Understand Human Performance and Challenge World Records

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lululemon unveils new products developed with female athletes for a women's ultramarathon, featuring innovative running gear and accessories. The brand aims to support women in athletics and close gender gaps through its FURTHER initiative.
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lululemon Expands Its Footwear Offerings with New Casual and Performance Styles, Including the Brand’s First-Ever Men’s Collection

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lululemon (NASDAQ:LULU) has revealed its 2024 spring and summer footwear collection, including the brand’s first men’s collection. The cityverse sneaker will launch on February 13, and the beyondfeel running shoe will launch on March 19. The collection will be available in both men’s and women’s styles, online and in select stores across North America, Europe, and China Mainland. The brand aims to provide versatile gear with a focus on fit and feel, emphasizing extensive research and wear-testing to ensure a perfect fit for all. The collection also includes the beyondfeel trail running shoe, with plans for additional footwear innovations throughout the year.
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lululemon athletica inc. Updates Revenue and Earnings Expectations for the Fourth Quarter Ahead of the ICR Conference

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lululemon athletica inc. (NASDAQ:LULU) expects a 14% to 15% increase in net revenue for the fourth quarter of fiscal 2023, with a range of $3.170 billion to $3.190 billion. Diluted earnings per share are expected to be in the range of $4.96 to $5.00. Gross margin is expected to be in the range of 58.6% to 58.7%. The company's performance during the holiday season has been strong, leading to an increase in guidance for the fourth quarter.
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lululemon athletica inc. Announces Third Quarter Fiscal 2023 Results, Board of Directors Authorizes $1.0 Billion Stock Repurchase Program

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lululemon athletica inc. (NASDAQ:LULU) reported a 19% increase in revenue to $2.2 billion in the third quarter of fiscal 2023. Comparable sales increased by 13%, or 14% on a constant dollar basis. GAAP EPS was $1.96, with adjusted EPS of $2.53. The company's net revenue increased 12% in North America and 49% internationally. Direct to consumer net revenue represented 41% of total net revenue, with a gross margin of 57.0%. The company opened 14 net new company-operated stores during the quarter, ending with 686 stores. The board of directors approved a stock repurchase program for up to $1.0 billion of the Company's common shares. For the fourth quarter of 2023, the Company expects net revenue to be in the range of $3.135 billion to $3.170 billion, representing growth of 13% to 14%. Diluted earnings per share are expected to be in the range of $4.85 to $4.93 for the quarter. For 2023, the Company expects net revenue to be in the range of $9.549 billion to $9.584 billion, representing growth of 18%. Diluted earnings per share are expected to be in the range of $11.77 to $11.85 for the year, and excluding certain inventory provisions, asset impairments, and restructuring costs recognized in relation to lululemon Studio, and their related tax effects, adjusted diluted earnings per share are expected to be in the range of $12.34 to $12.42.
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lululemon athletica inc. Announces Third Quarter Fiscal 2023 Earnings Conference Call

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lululemon athletica inc. (LULU) will release its third quarter fiscal 2023 financial results on December 7, 2023. The company will host a conference call at 4:30 p.m. Eastern time to discuss the financial results. Participants can join the call by dialing (800) 319-4610 (U.S./Canada) or (604) 638-5340 (international) and can also access a live webcast of the conference call online. A replay will be available online for 30 days following the live call.
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lululemon and Xponential Fitness Confirm Ongoing Retail Partnership

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lululemon and Xponential Fitness announce their ongoing retail partnership. lululemon will no longer provide all partner content on lululemon Studio after October 31, 2023, but they will continue to partner with Xponential Fitness and their local studios worldwide.
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FAQ

What is the current stock price of lululemon athletica (LULU)?

The current stock price of lululemon athletica (LULU) is $379.42 as of December 20, 2024.

What is the market cap of lululemon athletica (LULU)?

The market cap of lululemon athletica (LULU) is approximately 45.5B.

What products does Lululemon Athletica offer?

Lululemon offers athletic apparel, footwear, and accessories including pants, shorts, tops, jackets, bags, yoga mats, and fitness equipment for both leisure and athletic activities.

Where is Lululemon Athletica headquartered?

Lululemon Athletica is headquartered in Vancouver, Canada.

When was Lululemon Athletica founded?

Lululemon Athletica was founded in 1998.

How many stores does Lululemon Athletica have?

Lululemon operates over 700 company-owned stores in about 20 countries.

What is Lululemon's mission?

Lululemon's mission is to inspire and enable people to live long, healthy, fun lives by creating technical, athletic gear to get sweaty in.

Does Lululemon have an online store?

Yes, Lululemon operates a robust e-commerce platform.

What is the core focus of Lululemon's products?

The core focus is on yoga, but Lululemon also makes specialized gear for runners, dancers, bikers, and general fitness enthusiasts.

In which countries does Lululemon operate stores?

Lululemon operates stores in countries including Australia, Canada, Germany, Singapore, and the United States, among others.

What recent achievements has Lululemon made?

Lululemon has achieved collaborations with prominent athletes and influencers, and is making significant efforts in sustainability and responsible manufacturing.

How can investors stay updated with Lululemon's developments?

Investors can stay updated by following the latest news and performance reports related to Lululemon Athletica Inc. (LULU).

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lululemon athletica inc.

Nasdaq:LULU

LULU Rankings

#283 Ranked by Market Cap
N/A Ranked by Dividends

LULU Stock Data

45.48B
111.22M
4.63%
89.45%
5.22%
Apparel Retail
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