Welcome to our dedicated page for Lululemon news (Ticker: LULU), a resource for investors and traders seeking the latest updates and insights on Lululemon stock.
Lululemon Athletica (LULU) is a global leader in technical athletic apparel, renowned for innovation in yoga and performance wear. This page aggregates official news releases and verified updates, providing stakeholders with timely insights into corporate developments.
Investors and analysts will find curated financial announcements, including quarterly earnings, strategic partnerships, and operational milestones. Track product launches, sustainability initiatives, and retail expansions alongside market-moving disclosures.
All content is organized for quick scanning while maintaining journalistic rigor. Key categories include corporate governance updates, supply chain developments, and consumer trend responses. Bookmark this page for direct access to unfiltered information from Lululemon's investor relations team and authorized news sources.
lululemon athletica has appointed Isabel Ge Mahe to its Board of Directors, effective immediately. With extensive experience in technology and retail, particularly in China, her expertise is expected to enhance lululemon's international expansion strategy. Ge Mahe currently serves as Vice President and Managing Director for Greater China at Apple, playing a pivotal role in product development. She holds multiple degrees, including an MBA from the University of California, Berkeley, and has been recognized in Fortune's 50 Most Powerful Women list.
Xponential Fitness (NYSE:XPOF) announced the launch of its fitness classes on lululemon Studio, effective October 5. This initiative includes streaming classes from renowned brands such as Pure Barre, Rumble, AKT, and YogaSix, expanding lululemon's offerings to over 10,000 on-demand and live-streamed classes. The partnership aims to enhance the hybrid fitness experience for consumers. Members can enjoy discounted classes at physical locations and access Xponential's digital platform, Xponential+ (XPLUS), further integrating boutique fitness into the digital realm.
lululemon athletica (NASDAQ: LULU) announced the launch of lululemon Studio, a new fitness platform set to debut on October 5. This service enhances the existing MIRROR subscription by providing members access to over 10,000 on-demand and live-streamed classes. Partnerships with notable fitness studios like AARMY and YogaSix will offer unlimited content and discounts on in-person classes. A new Membership program will also launch, providing access to shopping perks and exclusive events for members. The lululemon Studio Mirror will retail for $795.
lululemon athletica inc. (NASDAQ:LULU) reported robust financial results for Q2 2022, with revenue increasing 29% to $1.9 billion. Comparable sales rose 23%, and diluted EPS reached $2.26. Notably, income from operations surged 38% to $401.2 million, while gross profit was $1.1 billion. The company anticipates Q3 revenue between $1.780 billion and $1.805 billion and full-year revenue of $7.865 billion to $7.940 billion. With strong direct-to-consumer growth and a solid balance sheet, lululemon is well-positioned for future performance.
lululemon athletica (NASDAQ: LULU) will announce its second quarter fiscal 2022 financial results on September 1, 2022, followed by a conference call at 4:30 p.m. Eastern Time. Interested participants can join the call by dialing (800) 319-4610 or (604) 638-5340 for international callers. A live webcast will also be available online, with a replay accessible for 30 days post-call.
lululemon specializes in technical athletic apparel, footwear, and accessories, focusing on innovation and community-based product feedback.
lululemon (NASDAQ:LULU) is expanding its presence in Spain with plans to open retail stores in Madrid and Barcelona, alongside launching a local e-commerce site. This move marks the company’s entry into a new European market since 2019. The e-commerce platform, lululemon.es, will go live in July, offering products in Spanish. Two stores will open in September, showcasing the brand's focus on well-being and innovation. The expansion aligns with lululemon's 'Power of Three ×2' strategy, which aims to quadruple international revenue by 2026.
In the first quarter of 2022, lululemon athletica reported a 32% increase in revenue to $1.6 billion compared to the previous year. Comparable sales rose 28%, with direct-to-consumer sales accounting for 45% of total revenue. Diluted earnings per share (EPS) reached $1.48, significantly up from $1.11 in Q1 2021. The company anticipates Q2 2022 revenue between $1.750 billion and $1.775 billion and full-year revenue of $7.610 billion to $7.710 billion. With challenges from inflation and supply chain issues, lululemon maintains a robust growth outlook.
lululemon athletica (NASDAQ: LULU) announced the release of its first-quarter fiscal 2022 financial results on June 2, 2022, followed by a conference call at 4:30 p.m. Eastern time. Investors can participate by dialing (800) 319-4610 for U.S. and Canada or (604) 638-5340 internationally. A live webcast will be available, with a replay accessible for 30 days post-call. lululemon focuses on athletic apparel for various activities, emphasizing technical fabrics and community feedback.
lululemon athletica is on track to achieve its 2023 revenue and earnings growth targets ahead of schedule, announcing its new Power of Three ×2 growth strategy. The plan aims to double 2021 revenues of
