Lululemon shares sink on disappointing outlook, slowdown in U.S. business

Shares in Lululemon Athletica Inc. were down about 15 per cent in afternoon trading Fridayas investors reacted to lower revenue projections and a U.S. slowdown. The Vancouver-based athletic apparel retailer's fourth quarter, which ended Jan. 28, brought US$669.5 million in earnings, up from US$119.8 million a year earlier. However, the company estimates its fiscal 2024 revenue will range between US$10.70 billion and US$10.80 billion. Analysts on average had expected US$10.90 billion, financial m
Shares in Lululemon Athletica Inc. were down about 15 per cent in afternoon trading Fridayas investors reacted to lower revenue projections and a U.S

Updated: Lululemon earnings disappoint; shares down 23

Euro Zone Overcomes German Factory Slump as Downturn Eases

Lululemon paves way for founder Chip Wilson to sell remaining

Lululemon shares sink 17% after retailer notes 'slowdown' in U.S.

News updates from December 21: US GDP revised down in Q3

1 Stock to Buy, 1 Stock to Sell This Week: CrowdStrike, Nio

News Detail - Newshunt

Best Buy Shares Fall After Cutting Its Outlook, Citing 'Uneven' Demand

S&P/TSX composite up Wednesday, U.S. stock markets also rise after

Lululemon shares sink on disappointing outlook, slowdown in U.S.

Lululemon shares sink on disappointing outlook, slowdown in U.S.

JPMorgan's Meta analyst cuts his rating for the first time since

Allergy season arrived early in US. Here's how to keep pollen from