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Lululemon Remains Expensive After The Deep Pullback, Still Not A Buy
Seeking Alpha· 2024-09-06 16:00
I Like That One We previously covered Lululemon (NASDAQ:LULU) (NEOE:LULU:CA) (TSX:LLL:CA) in May 2024, discussing how the COVID-19 darling had met painful corrections, thanks to the uncertain macroeconomic outlook, impacted consumer discretionary spending, and intensifying athleisure market competition. Despite the drastic correction, we believed that bullish support had yet to materialize, with more retracement and uncertainty likely - resulting in our initial Hold (Neutral) rating. Since then, LULU ha ...
Investors who lost money on Lululemon Athletica Inc. (LULU) should contact Levi & Korsinsky about pending Class Action - LULU
GlobeNewswire News Room· 2024-09-05 18:32
NEW YORK, Sept. 05, 2024 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in Lululemon Athletica Inc. ("Lululemon" or the "Company") (NASDAQ: LULU) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Lululemon investors who were adversely affected by alleged securities fraud between December 7, 2023 and July 24, 2024. Follow the link below to get more information and be contacted by a member of our team: https://zlk.com/pslra-1/lululemon-athle ...
The Gross Law Firm Notifies Shareholders of Lululemon Athletica Inc.(LULU) of a Class Action Lawsuit and an Upcoming Deadline
Prnewswire· 2024-09-05 09:45
NEW YORK, Sept. 5, 2024 /PRNewswire/ -- 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=100130&from=4 CLASS PERIOD: ...
Class Action Announcement for lululemon athletica inc. Investors: A Securities Fraud Class Action Lawsuit Was Filed Against lululemon athletica inc.
GlobeNewswire News Room· 2024-09-04 23:33
RADNOR, Pa., Sept. 04, 2024 (GLOBE NEWSWIRE) -- The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) informs investors that a securities class action lawsuit has been filed in the United States District Court for the Southern District of New York against lululemon athletica inc. (“lululemon”) (NASDAQ: LULU) on behalf of investors who purchased or otherwise acquired lululemon securities between December 7, 2023 and July 24, 2024, inclusive (the “Class Period”). The case is assigned to the Honora ...
TICKER Investors Have Opportunity to Lead COMPANY Securities Fraud Lawsuit
Prnewswire· 2024-09-04 20:45
LOS ANGELES, Sept. 4, 2024 /PRNewswire/ -- Glancy Prongay & Murray LLP ("GPM") announces that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit against Lululemon Athletica Inc. ("Lululemon" or the "Company") (NASDAQ: LULU).Class Period: December 7, 2023 – July 24, 2024Lead Plaintiff Deadline: October 7, 2024If you wish to serve as lead plaintiff of the Lululemon lawsuit, you can submit your contact information at http://www.glancylaw.com/cases/Lululemon-Ath ...
lululemon athletica inc:中国大陆地区保持强力增长,北美女装业务趋势疲软但公司在持续改善
第一上海证券· 2024-09-04 08:48
露露乐蒙(LULU.O) 更新报告 中国大陆地区保持强力增长,北美女装业务趋势疲软但公司在 持续改善 北美营收继续减速,国际市场表现强劲:第二季度营收同比增 长 7%至 24 亿美元。北美业务营收增长 1%,国际业务营收增长 29%,其中中国业务营收增长 37%。每股摊薄收益为 3.15 美元。 盈利能力持续增强:毛利率增加 80 个基点至 59.6%,主要因产 品成本降低驱动了产品利润率的提高,但固定成本被增加以及 不利的外汇因素有略微抵消。SG&A 减少 20 个基点至 36.8%,主 要受运营渠道成本的驱动。营业利润同比增长 13%至 5.4 亿美 元,营业利润率增加 110 个基点至 22.8%。 男装业务市场份额持续攀升:女装收入同比增长 6%,男装为 11%,配饰为 7%。女装小号尺码问题现已解决,但缺乏新款,因 此影响了转化率,尤其是在北美市场。管理层表示下半年会致 力于推出更多新款,2025 年春季的新款会比今年下半年更多。 2024 财年及第三季度指引:2024 财年销售额和利润率的预期再 次被下调,财年收入预期从原本的 107 至 108 亿美元之间调整至 103.75 至 104.75 ...
After a Guidance Cut, Is the Worst Over for Lululemon Stock?
The Motley Fool· 2024-09-04 08:40
Lululemon stock fell out of favor with investors in 2024, but the pieces are there for a potential turnaround for this apparel retailer.It's been a tough 2024 for investors in Lululemon Athletica (LULU -0.54%) as its share price is down nearly 50%. The biggest part of the slide began after a disappointing earnings report came out in early April. After its second-quarter report was released last week showing so-so results and a cut in its full-year guidance, investors had more reason to wonder. The latest fi ...
Lululemon Athletica: Quality Rarely Trades At A Discount
Seeking Alpha· 2024-09-04 08:30
JHVEPhoto Introduction Lululemon (NASDAQ:LULU) (NEOE:LULU:CA) (TSX:LLL:CA) — the most popular yoga-inspired, premium, athleisure brand — reported mixed Q2 earnings results. By my expectations, it was a rather underwhelming report. For one, growth continued to slow down, which could be a symptom of weak consumer sentiment, market saturation, and increasing competition. I've recently written a deep dive article highlighting 10 reasons to buy Lululemon stock and since then, the stock has fallen by about 10 ...
LULU Investor Alert: Kessler Topaz Meltzer & Check, LLP Urges LULU Investors with Losses to Contact the Firm
Prnewswire· 2024-09-03 15:30
RADNOR, Pa., Sept. 3, 2024 /PRNewswire/ -- The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com)  informs investors that a securities class action lawsuit has been filed against lululemon athletica inc. ("lululemon") (NASDAQ: LULU) on behalf of investors who purchased or otherwise acquired lululemon securities between December 7, 2023 and July 24, 2024, inclusive (the "Class Period").  The case is assigned to the Honorable Andrew Lamar Carter Jr.  The lead plaintiff deadline is October 7, 2024.C ...
Why Lululemon's Setback Could Be Your Next Big Win
MarketBeat· 2024-09-03 11:16
Lululemon Athletica TodayLULULululemon Athletica$259.47 +0.46 (+0.18%) 52-Week Range$226.01▼$516.39P/E Ratio20.81Price Target$354.94Add to WatchlistLululemon Athletica Inc. NASDAQ: LULU had only a few bits of positive news when it presented results for the second quarter on August 29, and it's no surprise that shares of the athletic apparel company remain down more than 31% in the last year. Nonetheless, a close inspection of the firm's operations—taking into account ongoing challenges on both internal and ...