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Lululemon Athletica Inc (LULU.OQ)

LULU.OQ on NASDAQ Stock Exchange Global Select Market

329.51USD
28 Oct 2020
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Latest Key Developments (Source: Significant Developments)

Lululemon Athletica Releases Impact Agenda
1:40am IST 

Oct 28 (Reuters) - Lululemon Athletica Inc ::LULULEMON ATHLETICA INC - RELEASES IMPACT AGENDA, UNVEILING ITS SOCIAL AND ENVIRONMENTAL GOALS.LULULEMON ATHLETICA INC - IMACT AGENDA INCLUDES STRATEGY TO EXPAND GENDER PAY EQUITY TO FULL PAY EQUITY FOR ITS EMPLOYEES.LULULEMON ATHLETICA INC - IMPACT AGENDA INCLUDES STRATEGY TO MAKE 100% OF PRODUCTS WITH SUSTAINABLE MATERIALS AND END-OF-USE SOLUTIONS BY 2030.  Full Article

Lululemon Athletica Reports Q2 Earnings Per Share Of $0.66
Wednesday, 9 Sep 2020 

Sept 8 (Reuters) - Lululemon Athletica Inc ::. ANNOUNCES SECOND QUARTER FISCAL 2020 RESULTS.Q2 ADJUSTED EARNINGS PER SHARE $0.74.Q2 EARNINGS PER SHARE $0.66.Q2 REVENUE $903 MILLION VERSUS REFINITIV IBES ESTIMATE OF $842.5 MILLION.Q2 EARNINGS PER SHARE ESTIMATE $0.55 -- REFINITIV IBES DATA.NOT PROVIDING DETAILED FINANCIAL GUIDANCE FOR FISCAL 2020 AT THIS TIME.CAUTIOUSLY OPTIMISTIC WITH REGARD TO SECOND HALF OF YEAR.LULULEMON ATHLETICA - BELIEVES TOTAL COMPARABLE SALES AND COMPARABLE STORE SALES ARE NOT CURRENTLY REPRESENTATIVE OF UNDERLYING TRENDS OF ITS BUSINESS.AS OF AUGUST 2, 2020, 492 OF ITS 506 COMPANY-OPERATED STORES WERE OPEN.INVENTORIES AT END OF Q2 ROSE 36% TO $672.8 MILLION VERSUS $494.3 MILLION AT END OF Q2 OF FISCAL 2019.  Full Article

Lululemon Says Q2 Outlook Reflects Modest Impact From Potential New Tariffs - Conf Call
Thursday, 13 Jun 2019 

June 12 (Reuters) - Lululemon Athletica Inc ::OVER THE NEXT 5 YRS EXPECT ANNUAL GROWTH IN CORE WOMEN'S BUSINESS TO BE IN LOW DOUBLE DIGITS- CEO CALVIN MCDONALD, CONF CALL.OVER THE NEXT 5 YEARS, MEN'S IS PLANNED TO GROW AT 20% PER YEAR-CEO.IN Q1 CONTINUED TO SEE ROBUST PERFORMANCE IN WOMEN'S BUSINESS WITH PARTICULAR STRENGTH IN BOTTOMS, COMPS UP OVER 19% DRIVEN BY BOTH LEGGINGS AND JOGGER STYLES.OUR Q2 GUIDANCE REFLECTS A MODEST IMPACT FROM POTENTIAL NEW TARIFFS - PATRICK GUIDO, CFO.Q2 GUIDANCE REFLECTS ADDITIONAL COSTS TO AIRFREIGHT PRODUCTS IN ORDER TO AVOID ANTICIPATED PORT CONGESTION IN ASIA REGION DUE TO PENDING TARIFF INCREASES- CFO.NEGATIVE IMPACT OF THESE COSTS WILL BE ABOUT 20 TO 25 BASIS POINTS WITHIN GROSS MARGIN & ABOUT $0.04 TO $0.05 ON EPS FOR FY 2019-CFO.MOST OF THE IMPACT WOULD COME IN THE BACK HALF OF THE YEAR WITH THE MAJORITY IN Q3.  Full Article

Lululemon Athletica Inc Reports Q1 Results
Thursday, 13 Jun 2019 

June 12 (Reuters) - Lululemon Athletica Inc ::. ANNOUNCES FIRST QUARTER FISCAL 2019 RESULTS.Q1 EARNINGS PER SHARE $0.74.SEES FY 2019 REVENUE $3.73 BILLION TO $3.77 BILLION.SEES Q2 2019 REVENUE $825 MILLION TO $835 MILLION.Q1 REVENUE ROSE 20 PERCENT TO $782 MILLION.Q1 REVENUE ESTIMATE $586 MILLION -- REFINITIV IBES DATA.Q1 EARNINGS PER SHARE ESTIMATE $0.40 -- REFINITIV IBES DATA.SEES Q2 2019 EARNINGS PER SHARE $0.86 TO $0.88.SEES FY 2019 EARNINGS PER SHARE $4.51 TO $4.58.FOR Q2 FISCAL 2019, EXPECT TOTAL COMPARABLE SALES INCREASE IN LOW DOUBLE DIGITS ON A CONSTANT DOLLAR BASIS.BASED ON A SHIFTED CALENDAR, QTRLY TOTAL COMPARABLE SALES INCREASED 14%, OR UP 16% ON A CONSTANT DOLLAR BASIS.LULULEMON ATHLETICA - INVENTORIES AT END OF Q1 FISCAL 2019 INCREASED 19% TO $443.0 MILLION COMPARED TO $373.4 MILLION AT END OF Q1 FISCAL 2018.LULULEMON ATHLETICA - FOR FULL FISCAL 2019, NOW EXPECT TOTAL COMPARABLE SALES INCREASE IN LOW DOUBLE DIGITS ON A CONSTANT DOLLAR BASIS.  Full Article

Lululemon Athletica Q1 Earnings Per Share $0.74
Thursday, 13 Jun 2019 

June 12 (Reuters) - Lululemon Athletica Inc ::LULULEMON ATHLETICA INC ANNOUNCES FIRST QUARTER FISCAL 2019 RESULTS.Q1 EARNINGS PER SHARE $0.74.SEES FY 2019 REVENUE $3.73 BILLION TO $3.77 BILLION.SEES Q2 2019 REVENUE $825 MILLION TO $835 MILLION.Q1 REVENUE ROSE 20 PERCENT TO $782 MILLION.SEES Q2 2019 EARNINGS PER SHARE $0.86 TO $0.88.SEES FY 2019 EARNINGS PER SHARE $4.51 TO $4.58.FOR Q2 FISCAL 2019, EXPECT TOTAL COMPARABLE SALES INCREASE IN LOW DOUBLE DIGITS ON A CONSTANT DOLLAR BASIS.BASED ON A SHIFTED CALENDAR, QTRLY TOTAL COMPARABLE SALES INCREASED 14%, OR UP 16% ON A CONSTANT DOLLAR BASIS.LULULEMON ATHLETICA - INVENTORIES AT END OF Q1 FISCAL 2019 INCREASED 19% TO $443.0 MILLION COMPARED TO $373.4 MILLION AT END OF Q1 FISCAL 2018.LULULEMON ATHLETICA - FOR FULL FISCAL 2019, NOW EXPECT TOTAL COMPARABLE SALES INCREASE IN LOW DOUBLE DIGITS ON A CONSTANT DOLLAR BASIS.Q2 EARNINGS PER SHARE VIEW $0.88, REVENUE VIEW $834.4 MILLION -- REFINITIV IBES DATA.FY EARNINGS PER SHARE VIEW $4.62, REVENUE VIEW $3.77 BILLION -- REFINITIV IBES DATA.Q1 REVENUE ESTIMATE $755.3 MILLION -- REFINITIV IBES DATA.Q1 EARNINGS PER SHARE ESTIMATE $0.70 -- REFINITIV IBES DATA.  Full Article

Lululemon Athletica Expects To More Than Double Size Of Its Men's Revenues By 2023
Wednesday, 24 Apr 2019 

April 24 (Reuters) - Lululemon Athletica Inc ::LULULEMON UNVEILS “POWER OF THREE” STRATEGIC PLAN TO ACCELERATE GROWTH.LULULEMON ATHLETICA INC - FIVE-YEAR GROWTH PLAN AIMS TO "DOUBLE MEN'S, DOUBLE DIGITAL, AND QUADRUPLE INTERNATIONAL" REVENUES.LULULEMON ATHLETICA INC - EXPECTS TO MORE THAN DOUBLE SIZE OF ITS MEN'S REVENUES BY 2023..LULULEMON ATHLETICA INC - POWER OF THREE STRATEGIC PLAN ALSO INCLUDES CONTRIBUTIONS FROM NEW PRODUCT CATEGORIES AND OFFERINGS.LULULEMON ATHLETICA INC - EXPECTS TO MORE THAN DOUBLE ITS DIGITAL REVENUES BY 2023..LULULEMON ATHLETICA INC - PLANS TO QUADRUPLE ITS INTERNATIONAL REVENUES BY 2023..LULULEMON ATHLETICA INC - EXPECTS TO MORE THAN DOUBLE SIZE OF ITS MEN'S REVENUES BY 2023.LULULEMON ATHLETICA INC - SEES TOTAL ANNUAL REVENUE GROWTH IN LOW TEENS FOR NEXT FIVE YEARS.LULULEMON ATHLETICA INC - ITS PLANS CALL FOR CONTINUED EXPANSION IN WOMEN'S AND ACCESSORIES BUSINESSES.LULULEMON ATHLETICA INC - STRATEGIC PLAN INCLUDES MODEST GROSS MARGIN EXPANSION ANNUALLY.LULULEMON ATHLETICA INC - AS PART OF FIVE YEAR PLAN, SEE EPS GROWTH TO EQUAL OR EXCEED OPERATING INCOME GROWTH ANNUALLY.LULULEMON ATHLETICA INC - SEES ANNUAL CAPITAL EXPENDITURES OF 6-8% OF REVENUES UNDER 5-YEAR GROWTH PLAN.LULULEMON ATHLETICA INC - POWER OF THREE STRATEGIC PLAN INCLUDE EPS GROWTH TO EQUAL OR EXCEED OPERATING INCOME GROWTH ANNUALLY.  Full Article

Advent International Cuts Share Stake In Lululemon
Tuesday, 2 Apr 2019 

April 1 (Reuters) - Lululemon Athletica Inc ::ADVENT INTERNATIONAL CUTS SHARE STAKE IN LULULEMON ATHLETICA INC TO 4.18 PERCENT AS OF MARCH 28 FROM A STAKE OF 8.24 PERCENT AS OF JUNE 7, 2018 - SEC FILING.  Full Article

Lululemon Reports Q4 Results
Thursday, 28 Mar 2019 

March 27 (Reuters) - Lululemon Athletica Inc ::. ANNOUNCES FOURTH QUARTER AND FULL YEAR FISCAL 2018 RESULTS; BOARD OF DIRECTORS AUTHORIZES $500.0 MILLION STOCK REPURCHASE PROGRAM.Q4 ADJUSTED EARNINGS PER SHARE $1.85.Q4 EARNINGS PER SHARE $1.65.SEES FY 2019 REVENUE $3.7 BILLION TO $3.74 BILLION.SEES Q1 2019 REVENUE $740 MILLION TO $750 MILLION.Q4 REVENUE ROSE 26 PERCENT TO $1.2 BILLION.Q4 REVENUE ESTIMATE $911.7 MILLION -- REFINITIV IBES DATA.Q4 EARNINGS PER SHARE ESTIMATE $1.27 -- REFINITIV IBES DATA.SEES Q1 2019 EARNINGS PER SHARE $0.68 TO $0.70.SEES FY 2019 EARNINGS PER SHARE $4.48 TO $4.55.QTRLY COMPARABLE SALES INCREASE 16%, OR 17% ON A CONSTANT DOLLAR BASIS.SEES FY 2019 TOTAL COMPARABLE SALES INCREASE IN LOW-DOUBLE DIGITS ON A CONSTANT DOLLAR BASIS.SEES Q1 2019 TOTAL COMPARABLE SALES INCREASE IN LOW-DOUBLE DIGITS ON A CONSTANT DOLLAR BASIS.Q1 REVENUE VIEW $743.0 MILLION -- REFINITIV IBES DATA.FY REVENUE VIEW $3.72 BILLION -- REFINITIV IBES DATA.INVENTORIES AT END OF FISCAL 2018 INCREASED BY 23% TO $404.8 MILLION COMPARED TO $329.6 MILLION AT END OF FISCAL 2017.Q1 EARNINGS PER SHARE VIEW $0.67 -- REFINITIV IBES DATA.FY EARNINGS PER SHARE VIEW $4.40 -- REFINITIV IBES DATA.  Full Article

Lululemon Athletica Inc announces third quarter fiscal 2018 results
Friday, 7 Dec 2018 

Dec 6 (Reuters) - Lululemon Athletica Inc ::. ANNOUNCES THIRD QUARTER FISCAL 2018 RESULTS.Q3 ADJUSTED EARNINGS PER SHARE $0.75.Q3 EARNINGS PER SHARE $0.71.SEES FY 2018 REVENUE $3.235 BILLION TO $3.245 BILLION.SEES Q4 2018 REVENUE $1.115 BILLION TO $1.125 BILLION.Q3 REVENUE $747.7 MILLION VERSUS REFINITIV IBES ESTIMATE OF $609.9 MILLION.SEES Q4 2018 EARNINGS PER SHARE $1.64 TO $1.67.Q3 EARNINGS PER SHARE ESTIMATE $0.52 -- REFINITIV IBES DATA.QTRLY TOTAL COMPARABLE SALES INCREASED 17%, OR INCREASED 18% ON A CONSTANT DOLLAR BASIS.NVENTORIES AT THE END OF Q3 2018 INCREASED 25% TO $496.0 MILLION.SEES Q4 TOTAL COMPARABLE SALES INCREASE IN HIGH-SINGLE TO LOW-DOUBLE DIGITS ON A CONSTANT DOLLAR BASIS.Q4 EARNINGS PER SHARE VIEW $1.65, REVENUE VIEW $1.12 BILLION -- REFINITIV IBES DATA.FY EARNINGS PER SHARE VIEW $3.60, REVENUE VIEW $3.23 BILLION -- REFINITIV IBES DATA.  Full Article

Lululemon Athletica Will Now Announce Its Q3 Financial Results On Dec 6 After Market Closes
Monday, 3 Dec 2018 

Dec 3 (Reuters) - Lululemon Athletica Inc ::LULULEMON ATHLETICA INC. ANNOUNCES DATE CHANGE FOR ITS THIRD QUARTER FISCAL 2018 EARNINGS CONFERENCE CALL.LULULEMON ATHLETICA INC - COMPANY WILL NOW ANNOUNCE ITS Q3 FINANCIAL RESULTS ON THURSDAY, DECEMBER 6 AFTER MARKET CLOSES.  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.