LULU news and archive

Market cheers LULU's strong Q4 results with stock uplift

New York - Shares of Lululemon Athletica Inc. jumped in early trading Monday after the yoga apparel brand increased its fourth-quarter guidance for sales and profit. The news lifted the mood across the apparel sector, battered with overall poor holiday sales figures. Lululemon enjoyed the best holiday season in six years, therefore raising its...

Management |ANALYSIS Featured

New products help Lululemon top analysts’ sales estimates in Q1

Brand new products and an expanded womenswear collection have helped Lululemon Athletica to top market estimates for its first-quarter sales. The Canadian company posted Wednesday a sales increase of 17 percent to 495.5 million dollars in the quarter ended May 1, compared to the 487.6 million dollars projected by analysts. After missing...

Management |ANALYSIS Featured

Is Lululemon ready to put itself up for sale?

Rumours about a potential sale of Lululemon Athletica have surrounded the yoga inspired apparel for months now. With the likes of Wells Fargo and Jefferies agreeing on the company’s potential for 2016, a sale good be a good option for potentially interested bidders. Analysts have speculated the company could be a takeover target, though it has...