Lululemon Stock Price, News & Analysis

On January 30, 2023, BetterInvesting Magazine named Lululemon Athletica Inc (NASDAQ: LULU) as its "Stock to Study" and Walgreens Boots Alliance Inc (NASDAQ: WBA) as its "Undervalued Stock" in the April 2023 issue. CEO Ken Zendel emphasized the magazine's role in educating investors, enhancing their market strategies. BetterInvesting offers tools and resources to assist investors in making informed decisions. In the April issue, readers can explore various stocks, while non-members can access trial online stock analysis tools. These selections are meant for informational purposes and do not constitute endorsements for purchase.

lululemon athletica (NASDAQ:LULU) revised its fourth quarter fiscal 2022 guidance, anticipating net revenue between $2.660 billion and $2.700 billion, a 25%-27% increase year-over-year. Diluted earnings per share are now forecasted at $4.22 to $4.27. However, gross margins are expected to decline by 90-110 basis points, contrasting previous expectations for growth. The company aims to leverage its selling, general and administrative expenses by 100-120 basis points, exceeding earlier projections.

lululemon athletica inc. (NASDAQ:LULU) reported robust financial results for Q3 2022, with revenue surging 28% to $1.9 billion. Comparable sales rose 22%, reaching 25% on a constant dollar basis. Diluted EPS increased to $2.00 from $1.44 year-over-year. North American revenue grew 26%, while international revenue soared 41%. The company anticipates Q4 net revenue between $2.605 billion and $2.655 billion, with EPS guidance of $4.20 to $4.30.

lululemon athletica inc. (NASDAQ: LULU) will release its financial results for the third quarter of fiscal 2022 on December 8, 2022. A conference call to discuss these results will occur at 4:30 p.m. Eastern time. Participants can join the call by dialing (800) 319-4610 for the U.S. and Canada, or (604) 638-5340 internationally. A live webcast will also be available online, with a replay accessible for 30 days post-call. The company focuses on yoga and athletic apparel, emphasizing innovation and community engagement.

lululemon athletica has appointed Isabel Ge Mahe to its Board of Directors, effective immediately. With extensive experience in technology and retail, particularly in China, her expertise is expected to enhance lululemon's international expansion strategy. Ge Mahe currently serves as Vice President and Managing Director for Greater China at Apple, playing a pivotal role in product development. She holds multiple degrees, including an MBA from the University of California, Berkeley, and has been recognized in Fortune's 50 Most Powerful Women list.

Xponential Fitness (NYSE:XPOF) announced the launch of its fitness classes on lululemon Studio, effective October 5. This initiative includes streaming classes from renowned brands such as Pure Barre, Rumble, AKT, and YogaSix, expanding lululemon's offerings to over 10,000 on-demand and live-streamed classes. The partnership aims to enhance the hybrid fitness experience for consumers. Members can enjoy discounted classes at physical locations and access Xponential's digital platform, Xponential+ (XPLUS), further integrating boutique fitness into the digital realm.

lululemon athletica (NASDAQ: LULU) announced the launch of lululemon Studio, a new fitness platform set to debut on October 5. This service enhances the existing MIRROR subscription by providing members access to over 10,000 on-demand and live-streamed classes. Partnerships with notable fitness studios like AARMY and YogaSix will offer unlimited content and discounts on in-person classes. A new Membership program will also launch, providing access to shopping perks and exclusive events for members. The lululemon Studio Mirror will retail for $795.

lululemon athletica inc. (NASDAQ:LULU) reported robust financial results for Q2 2022, with revenue increasing 29% to $1.9 billion. Comparable sales rose 23%, and diluted EPS reached $2.26. Notably, income from operations surged 38% to $401.2 million, while gross profit was $1.1 billion. The company anticipates Q3 revenue between $1.780 billion and $1.805 billion and full-year revenue of $7.865 billion to $7.940 billion. With strong direct-to-consumer growth and a solid balance sheet, lululemon is well-positioned for future performance.

lululemon athletica (NASDAQ: LULU) will announce its second quarter fiscal 2022 financial results on September 1, 2022, followed by a conference call at 4:30 p.m. Eastern Time. Interested participants can join the call by dialing (800) 319-4610 or (604) 638-5340 for international callers. A live webcast will also be available online, with a replay accessible for 30 days post-call.

lululemon specializes in technical athletic apparel, footwear, and accessories, focusing on innovation and community-based product feedback.