LOS ANGELES, Aug. 28, 2024 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises lululemon athletica inc. ("lululemon" or the "Company") (NASDAQ: LULU) investors of a class action representing investors that bought securities between December 7, 2023 and July 24, 2024, inclusive (the "Class Period"). Lululemon investors have until October 7, 2024 to file a lead plaintiff motion. Investors are encouraged to contact attorney Lesley F. Portnoy, by phone 310-692-8883 or email: lesley@portnoylaw.com, to discuss their ...

Outside of Nvidia (NVDA) , Wall Street will be closely monitoring Q2 results from Lululemon (LULU)  this week with the athletic apparel giant set to report after market hours on Thursday, August 29.Despite being renowned for its loyal customer base, Lululemon’s stock has plummeted this year on fears of a slowdown in consumer spending along with the presumptions of increased competition from the likes of Nike (NKE) , Adidas (ADDYY) , and Under Armour (UAA) .That said, let’s see if the selloff in Lululemon’s ...

Lululemon Athletica Inc LULU will report second-quarter earnings on Thursday after market hours.The stock is down 27.67% over the past year, 47.64% year-to-date.Let’s look at what the charts indicate for Lululemon stock and how the stock currently maps against estimates (Wall Street expects $2.92 in EPS and $2.409 billion in revenues).Lululemon Stock Chart Mixed Ahead Of Q2 EarningsLululemon stock is showing a mixed technical picture with some signals favoring a bullish outlook, while others suggest a more ...

Core Viewpoint - A securities class action lawsuit has been filed against lululemon athletica inc. for allegedly making false and misleading statements regarding its business performance and inventory issues during the Class Period from December 7, 2023, to July 24, 2024 [1][2]. Group 1: Allegations Against lululemon - The lawsuit claims that lululemon faced significant inventory allocation and color palette execution issues [2]. - The Breezethrough product launch reportedly underperformed, contributing to stagnating sales in the Americas region [2]. - Positive statements made by the company regarding its business operations and prospects were allegedly misleading and lacked a reasonable basis due to these issues [2]. Group 2: Legal Process for Investors - Investors in lululemon have until October 7, 2024, to seek appointment as lead plaintiff representatives in the class action [3]. - The lead plaintiff will represent the interests of all class members and select legal counsel for the case [3]. - Participation as a lead plaintiff does not affect an investor's ability to share in any potential recovery from the lawsuit [3]. Group 3: Law Firm Information - Kessler Topaz Meltzer & Check, LLP is handling the case and encourages affected investors to reach out for more information [4][5]. - The firm has a reputation for prosecuting class actions and has recovered billions for victims of corporate misconduct [5].

Editor's note: Seeking Alpha is proud to welcome Shawn Kai Lim as a new contributing analyst. You can become one too! Share your best investment idea by submitting your article for review to our editors. Get published, earn money, and unlock exclusive SA Premium access. Click here to find out more » c1a1p1c1o1m1/iStock Editorial via Getty Images Investment Call: Buy Amid Short-term Market Overreaction Lululemon's (NASDAQ:LULU) stock has fallen from a 52-week high of $516.37 to $260.60 (as of 21 August 2024) ...

NEW YORK, Aug. 27, 2024 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of Lululemon Athletica Inc. (NASDAQ: LULU). Shareholders who purchased shares of LULU during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/lululemon-athletica-inc-loss-submission-form/?id=98160&from=3 CLASS PERIO ...

SAN DIEGO, Aug. 27, 2024 (GLOBE NEWSWIRE) -- A class action lawsuit has been filed on behalf of purchasers or acquirers of lululemon athletica inc. (NASDAQ: LULU) (“lululemon” or the “Company”) common stock between December 7, 2023 and July 24, 2024, inclusive (the “Class Period”), charging the Company and certain senior executives (collectively, “Defendants”) with violations of the federal securities laws.   Lululemon investors have until October 7, 2024 to seek appointment as lead plaintiff of the lululem ...

AlthomLululemon Athletica Inc. (NASDAQ:LULU) is working its way through a challenging start to the fiscal year. After attaining a new all-time high last year, the stock has since maintained its downward momentum. YTD, shares are down nearly 50%. In prior coverage on the stock, I’ve expressed a neutral view at the highs but have outlined greater bullishness during key points during the fiscal year, such as the holiday season. Presently, I view rising competitive pressures, shifting consumer spending patt ...

lululemon athletica inc. (LULU) is likely to witness top and bottom-line growth when it reports second-quarter fiscal 2024 results on Aug 29, after market close.The Zacks Consensus Estimate for fiscal second-quarter sales is pegged at $2.4 billion, indicating an 8.8% increase from the year-ago quarter's reported figure. The consensus estimate for the company's fiscal second-quarter earnings is pegged at $2.93 per share, suggesting a 9.3% rise from the year-ago quarter’s actual. Earnings estimates have moved ...

In its upcoming report, Lululemon (LULU) is predicted by Wall Street analysts to post quarterly earnings of $2.93 per share, reflecting an increase of 9.3% compared to the same period last year. Revenues are forecasted to be $2.4 billion, representing a year-over-year increase of 8.8%.Over the last 30 days, there has been a downward revision of 1.7% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial f ...