Edition:
India

Lululemon Athletica Inc (LULU.OQ)

LULU.OQ on NASDAQ Stock Exchange Global Select Market

315.35USD
25 Sep 2020
Change (% chg)

$-0.23 (-0.07%)
Prev Close
$315.58
Open
$315.61
Day's High
$316.39
Day's Low
$308.62
Volume
643,550
Avg. Vol
656,186
52-wk High
$399.87
52-wk Low
$128.93

Latest Key Developments (Source: Significant Developments)

Lululemon Athletica To Acquire Home Fitness Innovator Mirror
Tuesday, 30 Jun 2020 

June 29 (Reuters) - Lululemon Athletica Inc ::LULULEMON ATHLETICA INC. TO ACQUIRE HOME FITNESS INNOVATOR MIRROR.LULULEMON ATHLETICA INC - FOR A PURCHASE PRICE OF $500 MILLION.LULULEMON ATHLETICA INC - PURCHASE PRICE IS EXPECTED TO BE PAID FROM COMPANY'S PRIMARY SOURCES OF LIQUIDITY.LULULEMON ATHLETICA - MIRROR WILL OPERATE AS A STANDALONE CO WITHIN LULULEMON.  Full Article

Lululemon Athletica Reports Q1 Earnings Per Share $0.22
Friday, 12 Jun 2020 

June 11 (Reuters) - Lululemon Athletica Inc ::. ANNOUNCES FIRST QUARTER FISCAL 2020 RESULTS.Q1 EARNINGS PER SHARE $0.22.Q1 REVENUE FELL 17 PERCENT TO $652 MILLION.AS OF JUNE 10, 2020, 295 OF ITS COMPANY-OPERATED STORES WERE OPEN.INVENTORIES AT END OF Q1 OF FISCAL 2020 INCREASED 41% TO $625.8 MILLION.NOT PROVIDING GUIDANCE FOR FISCAL 2020.LULULEMON ATHLETICA - DUE TO COVID-19, ALL STORES IN NORTH AMERICA, EUROPE, CERTAIN COUNTRIES IN APAC CLOSED FOR A SIGNIFICANT PORTION OF QUARTER.Q1 EARNINGS PER SHARE VIEW $0.23, REVENUE VIEW $688.4 MILLION -- REFINITIV IBES DATA.QTRLY DIRECT TO CONSUMER NET REVENUE INCREASED 68%.  Full Article

Lululemon Athletica Inc Reports Departure Of Chief Financial Officer
Friday, 17 Apr 2020 

April 16 (Reuters) - Lululemon Athletica Inc ::LULULEMON ATHLETICA INC. ANNOUNCES DEPARTURE OF CHIEF FINANCIAL OFFICER.LULULEMON ATHLETICA INC - PATRICK GUIDO, CHIEF FINANCIAL OFFICER, WILL DEPART COMPANY, EFFECTIVE MAY 8, 2020.LULULEMON ATHLETICA INC - GUIDO TO ASSUME A LEADERSHIP POSITION OUTSIDE OF APPAREL INDUSTRY.LULULEMON ATHLETICA INC - SEARCH FOR ITS NEXT CHIEF FINANCIAL OFFICER WILL BEGIN IMMEDIATELY.LULULEMON ATHLETICA INC - SEARCH FOR NEXT CFO WILL INCLUDE BOTH INTERNAL AND EXTERNAL CANDIDATES..LULULEMON ATHLETICA INC - MEGHAN FRANK, SENIOR VICE PRESIDENT AND ALEX GRIEVE, VICE PRESIDENT AND CONTROLLER, WILL LEAD FINANCE TEAM.  Full Article

Lululemon Athletica Inc - To Temporarily Pause Its Share Repurchase Program
Friday, 3 Apr 2020 

Lululemon Athletica Inc ::LULULEMON ATHLETICA INC. PROVIDES UPDATE ON COVID-19 EMPLOYEE SUPPORT PLAN.LULULEMON ATHLETICA INC - STORES IN NORTH AMERICA, EUROPE, MALAYSIA, AUSTRALIA, AND NEW ZEALAND WILL REMAIN CLOSED UNTIL THEY CAN SAFELY REOPEN.LULULEMON ATHLETICA INC - TO CONTINUE PAY PROTECTION FOR ITS EMPLOYEES THROUGH JUNE 1, WHETHER STORES REOPEN OR REMAIN CLOSED.LULULEMON ATHLETICA - FOR NEXT 3 MONTHS, SENIOR LEADERSHIP TEAM WILL REDUCE SALARIES BY 20%, AND BOARD OF DIRECTORS WILL FORGO THEIR CASH RETAINER.LULULEMON ATHLETICA INC - TO TEMPORARILY PAUSE ITS SHARE REPURCHASE PROGRAM.LULULEMON ATHLETICA INC - WEBSITE AND MOBILE APP REMAIN OPERATIONAL ACROSS ALL REGIONS.  Full Article

Lululemon Athletica Q4 Earnings Per Share $2.28
Friday, 27 Mar 2020 

Lululemon Athletica Inc ::. ANNOUNCES FOURTH QUARTER AND FULL YEAR FISCAL 2019 RESULTS.Q4 EARNINGS PER SHARE $2.28.Q4 REVENUE ROSE 20 PERCENT TO $1.4 BILLION.Q4 SAME STORE SALES ROSE 20 PERCENT.QTRLY TOTAL COMPARABLE SALES INCREASED 20%.NOT PROVIDING GUIDANCE FOR FISCAL 2020 DUE TO IMPACT FROM COVID-19.NOT PROVIDING GUIDANCE FOR FISCAL 2020 AT THIS TIME.IN MARCH 2020, CO TEMPORARILY CLOSED ALL OF ITS RETAIL LOCATIONS IN NORTH AMERICA, EUROPE, MALAYSIA, NEW ZEALAND.TEMPORARILY CLOSED DISTRIBUTION CENTER IN SUMNER, WA..ADJUSTED DILUTED EARNINGS PER SHARE FOR Q4 OF FISCAL 2018 WERE $1.85.INVENTORIES AT THE END OF FISCAL 2019 INCREASED BY 28% TO $518.5 MILLION.Q4 EARNINGS PER SHARE VIEW $2.24, REVENUE VIEW $1.38 BILLION -- REFINITIV IBES DATA.  Full Article

Lululemon Athletica Says Temporary Closure Of All Stores In North America, Europe
Monday, 16 Mar 2020 

March 15 (Reuters) - Lululemon Athletica Inc ::LULULEMON ATHLETICA PROVIDES BUSINESS UPDATE ON COVID-19.LULULEMON ANNOUNCED CLOSURE OF ALL STORES IN NORTH AMERICA AND EUROPE, FROM MARCH 16 THROUGH MARCH 27.  Full Article

Lululemon Athletica Sees Q4 2019 Revenue Of $1.37 Billion To $1.38 Billion
Monday, 13 Jan 2020 

Jan 13 (Reuters) - Lululemon Athletica Inc ::. UPDATES GUIDANCE FOR THE FOURTH QUARTER OF FISCAL 2019 AHEAD OF THE ICR CONFERENCE.SEES Q4 EARNINGS PER SHARE $2.22 TO $2.25.SEES Q4 2019 REVENUE $1.37 BILLION TO $1.38 BILLION.Q4 EARNINGS PER SHARE VIEW $2.15, REVENUE VIEW $1.35 BILLION -- REFINITIV IBES DATA.LULULEMON ATHLETICA - FOR Q4, ANTICIPATE COMPARABLE SALES INCREASE IN MID TO HIGH TEENS ON CONSTANT DOLLAR BASIS.  Full Article

Lululemon Appoints Nikki Neuburger As Chief Brand Officer
Thursday, 9 Jan 2020 

Jan 8 (Reuters) - Lululemon Athletica Inc ::LULULEMON APPOINTS NIKKI NEUBURGER CHIEF BRAND OFFICER.LULULEMON ATHLETICA INC - NEUBURGER JOINS LULULEMON FROM UBER, WHERE SHE SERVED AS GLOBAL HEAD OF MARKETING FOR UBER EATS.  Full Article

Lululemon Athletica Reports Q3 Earnings Per Share Of $0.96
Thursday, 12 Dec 2019 

Dec 11 (Reuters) - Lululemon Athletica Inc ::. ANNOUNCES THIRD QUARTER FISCAL 2019 RESULTS.Q3 EARNINGS PER SHARE $0.96.SEES FY 2019 REVENUE $3.895 BILLION TO $3.91 BILLION.SEES Q4 2019 REVENUE $1.315 BILLION TO $1.33 BILLION.Q3 REVENUE ROSE 23 PERCENT TO $916 MILLION.SEES FY 2019 EARNINGS PER SHARE $4.75 TO $4.78.SEES Q4 2019 EARNINGS PER SHARE $2.10 TO $2.13.QTRLY COMPARABLE SALES INCREASE 16%, OR 17% ON A CONSTANT DOLLAR BASIS.LULULEMON ATHLETICA - INVENTORIES AT QUARTER END INCREASED 26% TO $627.1 MILLION VERSUS $496.0 MILLION AT END OF Q3 OF FISCAL 2018.QTRLY COMPARABLE STORE SALES INCREASED 10%, OR INCREASED 11% ON A CONSTANT DOLLAR BASIS.SEES FISCAL 2019 TOTAL COMPARABLE SALES INCREASE IN MID TEENS ON A CONSTANT DOLLAR BASIS.Q3 EARNINGS PER SHARE VIEW $0.93, REVENUE VIEW $899.7 MILLION -- REFINITIV IBES DATA.Q4 EARNINGS PER SHARE VIEW $2.13, REVENUE VIEW $1.32 BILLION -- REFINITIV IBES DATA.FY EARNINGS PER SHARE VIEW $4.75, REVENUE VIEW $3.89 BILLION -- REFINITIV IBES DATA.  Full Article

Away Appoints Lululemon COO Stuart Haselden As CEO
Tuesday, 10 Dec 2019 

Dec 9 (Reuters) - Lululemon Athletica Inc ::AWAY APPOINTS LULULEMON COO STUART HASELDEN AS CEO.TRAVEL LIFESTYLE BRAND, AWAY, SAYS STEPH KOREY, CURRENT CEO OF CO, WILL ASSUME ROLE OF EXECUTIVE CHAIRMAN.  Full Article

UPDATE 2-Lululemon sees holiday-quarter profit plunging on higher marketing costs

Sept 8 Yogawear maker Lululemon Athletica Inc said on Tuesday it was "cautiously optimistic" about the holiday season and forecast current-quarter adjusted profit to fall as much as 20% due to higher marketing expenses.