LULU
NASDAQ · Textiles, Apparel & Luxury Goods
Lululemon Athletica Inc
$108.92
+3.49 (+3.31%)
LULU News15 articles
Strong Jobs Data Triggers Sharp Wall Street Selloff
A blowout May jobs report triggered a broad selloff, with the Dow falling 1.3% and the Nasdaq dropping nearly 4%, as hopes for rate cuts faded.
Wall Street Tumbles as Hot Jobs Data Dashes Rate Cut Hopes
U.S. stocks fell sharply Friday as a robust jobs report led traders to price in higher odds of a Fed rate hike, sending the Nasdaq down over 3% and the semiconductor index into its worst drop since the tariff rout.
Wall Street Slips as Robust Jobs Data Fuels Rate Hike Bets
The Dow fell 0.21% as a strong May jobs report lifted Treasury yields and boosted the probability of a Fed rate hike before year-end to 98%, pressuring stocks.
Lululemon Plunges 12% Premarket on Weak Forecast, North American Woes
Lululemon shares dropped 12% premarket after cutting its annual profit forecast and issuing a weak Q2 outlook, as North American demand falters and margins shrink.
Dow Notches Record Close; Tech Falters in After-Hours Trading
The Dow Jones Industrial Average closed at a record high, but after-hours trading turned volatile as Broadcom missed revenue estimates and Lululemon slashed its profit outlook, with all eyes on Friday's jobs report.
Lululemon Cuts Forecast, Piling Pressure on Incoming CEO
Lululemon cut its annual revenue and profit outlook after weak U.S. demand, sending shares down 9% after hours. The company now expects fiscal 2026 revenue of $11.00–$11.15 billion.
Lululemon Rises on Governance Pact with Founder Chip Wilson
Lululemon shares rose 4.5% after settling a board dispute with founder Chip Wilson, adding two new directors ahead of a CEO transition and Q1 earnings.
Lululemon CEO O'Neill Aims to Counter Skepticism as Proxy Fight Intensifies
Lululemon shares slipped 1.6% as incoming CEO Heidi O'Neill dismissed underestimation claims, while founder Chip Wilson escalates a proxy fight for board seats ahead of the June meeting.
Under Armour Turnaround Hits Investor Skepticism as Profit Forecast Falls Short
Under Armour shares tumbled nearly 20% after the company's fiscal 2027 profit forecast of 8-12 cents per share fell far short of analysts' 23-cent estimate, raising doubts about the turnaround.
Lululemon's Slump Tests Investor Faith in Turnaround Plan
Lululemon shares fell to a 52-week low as weak North America sales, margin pressure, and CEO transition uncertainty test investor patience.
Lululemon Stock Drops 12% on CEO Appointment from Nike
Lululemon shares plunged 12% after appointing Heidi O'Neill, a former Nike executive, as CEO. The move comes as the company faces weak U.S. sales and a proxy fight.
Lululemon Appoints Nike Veteran Heidi O'Neill as CEO Amid Strategic Pressure
Lululemon Athletica has selected Heidi O'Neill, a former Nike executive with over 25 years of experience, as its new chief executive. The appointment comes amid a proxy battle with founder Chip Wilson and activist investor Elliott Investment Management, alongside a 4% decline in Americas revenue last quarter.
Lululemon Shares Slide on Subdued 2026 Forecast Despite Q4 Beat
Lululemon's stock declined following a 2026 outlook that fell short of Wall Street expectations, despite the company reporting better-than-anticipated fourth-quarter results. The apparel retailer also announced the appointment of former Levi's CEO Chip Bergh to its board.
Lululemon Founder's Board Challenge Weighs on Shares
Lululemon shares fell in premarket trading following a new proxy filing from founder Chip Wilson, who is seeking board changes. The stock has declined significantly this year.
Nike Stock Volatile After Supreme Court Tariff Ruling; Earnings Loom
Nike stock closed slightly lower after an 8% intraday swing following a Supreme Court tariff ruling. Investors now focus on a new 10% global tariff effective Tuesday and the company's upcoming March 19 earnings report.