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 inc. (NASDAQ:LULU) reported a 24% increase in fourth-quarter net revenue, reaching $1.7 billion, with a 21% rise in comparable sales. Direct-to-consumer revenue surged 94%, representing 52% of total net revenue. Despite a 34% decrease in company-operated store revenue for the year, total revenue for fiscal 2020 increased 11% to $4.4 billion. Diluted earnings per share rose to $2.52 for the fourth quarter. The company forecasted fiscal 2021 net revenue between $5.550 billion to $5.650 billion.
lululemon athletica inc. (NASDAQ: LULU) will release its financial results for Q4 and full-year fiscal 2020 on March 30, 2021. A conference call will follow at 4:30 PM Eastern Time to discuss the results. Interested participants can join by dialing (800) 319-4610 or (604) 638-5340 for international calls. A live webcast is available at investor.lululemon.com, with a replay accessible online for 30 days post-call. This announcement highlights lululemon's commitment to transparency and investor engagement.
lululemon athletica inc. (NASDAQ:LULU) has released its first Global Wellbeing Report, highlighting the urgent need for improved wellbeing as only 29% of global respondents report strong wellbeing. The report, based on a 10-country study, shows a Global Wellbeing Index of 65, emphasizing the impact of the pandemic and other societal issues. Gen Z is identified as the most vulnerable generation. Furthermore, 86% of respondents cite barriers to wellbeing, such as time and financial constraints. The report advocates for a holistic approach to enhance wellbeing and urges employers to improve support systems.
lululemon athletica inc. (NASDAQ:LULU) expects its fourth-quarter fiscal 2020 revenue and earnings to reach the high end of prior estimates. The growth rate in net revenue is projected in the mid-to-high teens, while adjusted diluted EPS is expected in the mid-single digits. CEO Calvin McDonald expressed confidence in the company's momentum during the holiday season, aided by investments in lululemon and MIRROR. Management will engage with analysts at the ICR Conference on January 11-13, 2021.
lululemon athletica inc. (NASDAQ:LULU) reported strong results for Q3 fiscal 2020, with net revenue increasing 22% year-over-year to $1.1 billion. International revenue surged by 45%, while North America saw a 19% increase. Direct-to-consumer sales skyrocketed 94%, now representing 42.8% of total revenue. Although gross profit rose by 24% to $627.4 million, the operating margin decreased to 18.3%. The company ended the quarter with $481.6 million in cash and announced an increase in its share repurchase plan to $500 million, despite the ongoing impacts of COVID-19.
lululemon athletica inc. (NASDAQ: LULU) will release its third quarter fiscal 2020 financial results on December 10, 2020. A conference call is scheduled for 4:30 p.m. Eastern time to discuss these results. Participants can join the call by dialing (800) 319-4610 or (604) 638-5340 for international calls, about 10 minutes before the start. A live webcast of the call will be available online, with a replay accessible approximately 2 hours post-call for 30 days.
lululemon athletica inc. (NASDAQ:LULU) has announced the promotion of Meghan Frank to Chief Financial Officer, effective November 23. Frank, who joined the company in 2016, will be the first female CFO in lululemon's history. CEO Calvin McDonald highlighted her extensive experience in retail and praised her leadership during the COVID-19 pandemic. Frank, with over 20 years of industry experience, previously served as Senior Vice President of Financial Planning and has held roles at Ross Stores and J.Crew. She will oversee finance, tax, treasury, investor relations, and strategy functions.
lululemon athletica inc. (NASDAQ:LULU) announced the immediate appointment of Kourtney Gibson to its Board of Directors. Gibson, President of Loop Capital Markets, brings over 20 years of experience at the firm, including leadership in the global equity division. Chairman Glenn Murphy praised her as a leader capable of providing valuable consumer and market insights. Gibson expressed excitement about supporting lululemon's strategic vision and growth potential. She holds an M.B.A. from Kellogg School of Management and is involved in various boards and committees.
lululemon athletica inc. (NASDAQ:LULU) has unveiled its first Impact Agenda, outlining a comprehensive strategy to enhance sustainability and equity across its operations. Key commitments include investing $75 million in global wellbeing initiatives by 2025, achieving full gender and race pay equity by 2022, and ensuring all products are made from sustainable materials by 2030. The agenda targets three focus areas: Be Human, Be Well, and Be Planet, reflecting the company's commitment to address social and environmental challenges amid the ongoing global crises.
