Welcome to our dedicated page for Lululemon news (Ticker: LULU), a resource for investors and traders seeking the latest updates and insights on Lululemon stock.
lululemon athletica inc. (NASDAQ: LULU) regularly issues news and updates that reflect its role as a technical athletic apparel, footwear, and accessories company focused on yoga, running, training, tennis, golf, and other activities. Its press releases provide insight into business performance, leadership decisions, international expansion, and brand partnerships.
Investors following LULU news will see recurring coverage of quarterly financial results and outlook, including net revenue trends, comparable sales, regional performance, and guidance for upcoming periods. Earnings releases are often accompanied by details on share repurchase authorizations, capital allocation, and commentary from senior leadership on strategic priorities and market conditions.
Corporate governance and leadership changes are another important news theme. Recent announcements have addressed CEO succession planning, the appointment of interim co-CEOs, changes in regional and commercial leadership roles, and communications from significant shareholders regarding board composition and strategy. These items are typically supported by corresponding Form 8-K filings with the SEC.
lululemon’s news flow also highlights its international growth, including plans to enter new markets through franchise partnerships and the expansion of its presence across North America, EMEA, Asia Pacific, and China Mainland. Additional releases cover brand and community initiatives, such as its role as Official Outfitter of Team Canada for the Olympic and Paralympic Games, where the company showcases technical design features and athlete-informed product development.
By reviewing the LULU news page, readers can track how lululemon communicates its financial performance, strategic initiatives, leadership transitions, and global brand-building efforts over time.
lululemon athletica inc. (NASDAQ:LULU) reported a 30% increase in revenue, reaching $1.5 billion for Q3 2021. Diluted EPS rose to $1.44 from $1.10 year-over-year. Notably, gross profit increased 32% to $829.4 million.
International revenue grew 40%, and comparable sales jumped 27%. Direct-to-consumer sales contributed 40.4% of total revenue. The company anticipates Q4 revenue between $2.125 billion and $2.165 billion, with projected diluted EPS ranging from $3.24 to $3.31.
lululemon athletica inc. (NASDAQ: LULU) announced the release of its third-quarter fiscal 2021 financial results on December 9, 2021, followed by a conference call at 4:30 p.m. Eastern time. The call will be accessible via dial-in or a live webcast on their investor relations page. A replay will be available for 30 days post-call. The company is recognized for its innovative athletic apparel aimed at enhancing the yoga, running, and training experiences, continuously engaging with athletes for feedback on product development.
lululemon athletica (NASDAQ:LULU) has launched the Centre for Social Impact, committing
lululemon athletica has announced the launch of MIRROR, an interactive home gym, in nearly 40 stores across Canada, starting on November 22. This expansion increases MIRROR's presence to almost 200 locations in North America. Customers can engage with MIRROR's digital content and community, enhancing lululemon's commitment to community connection. The platform offers live classes and a variety of on-demand workouts, catering to all fitness levels. MIRROR was acquired by lululemon in July 2020.
lululemon has been named the Official Outfitter for Team Canada, a multi-year deal starting with the 2022 Olympic and Paralympic Winter Games, extending to the 2028 Los Angeles Games.
As part of this partnership, lululemon will design uniforms for athletes, coaches, and Mission Team members, providing apparel for key events. The brand is also launching the Future Legacy Bag, with 10% of sales supporting both the Canadian Olympic and Paralympic Foundations. This collaboration emphasizes lululemon's commitment to high-performance sportswear and values of inclusion.
On September 15, 2021, lululemon athletica (NASDAQ:LULU) signed a virtual power purchase agreement (VPPA) with Enel Green Power North America. This agreement aims to source 100% renewable electricity for lululemon's North American operations, including stores, offices, and warehouses. Under the VPPA, lululemon will purchase electricity from Enel's Azure Sky Wind project in Texas, comprising 15 MW of renewable energy. This initiative aligns with lululemon's sustainability goals, including its RE100 commitment to 100% renewable energy by 2021 and advancing its Impact Agenda.
lululemon athletica inc. reported a 61% increase in revenue for Q2 2021, reaching $1.5 billion, with diluted EPS of $1.59 and adjusted EPS of $1.65. The strong results stemmed from a 142% surge in company-operated stores revenue and 63% growth in North America. Gross profit rose 72% to $842.7 million, with a gross margin of 58.1%. The company anticipates Q3 net revenue between $1.400 billion and $1.430 billion and full-year revenue of $6.190 billion to $6.260 billion.
lululemon athletica (NASDAQ:LULU) has announced an initiative to raise the minimum base pay for most of its store and Guest Education Centre employees in North America, effective September 27, 2021. Employees will receive a new minimum of $15 or $17 per hour based on their role and market conditions, alongside potential bonuses. The company plans to hire over 8,000 new team members for the holiday season. This reflects lululemon's commitment to supporting its employees with comprehensive benefits, including paid time off, mental health support, and various professional development programs.
lululemon athletica inc. (NASDAQ: LULU) announced that it will release its second quarter fiscal 2021 financial results on September 8, 2021, followed by a conference call at 4:30 p.m. Eastern time to discuss the results. Investors can participate by calling (800) 319-4610 or (604) 638-5340 internationally. A live webcast will also be available online, with a replay for 30 days post-call. lululemon continues to focus on creating transformational athletic apparel for various physical activities.
lululemon athletica (NASDAQ:LULU) has announced a multi-year partnership with Genomatica to integrate sustainable, bio-based nylon into its products. This marks lululemon's first equity investment in a sustainable materials firm and Genomatica's largest retail partnership. By utilizing biotechnology, the collaboration aims to revolutionize the $22 billion nylon market and significantly reduce environmental impact. The partnership aligns with lululemon's 2030 Impact Agenda, focusing on achieving 100% sustainable materials. Key leaders from both companies emphasize the importance of this initiative for climate change and consumer demand for eco-friendly products.