Lululemon Q4 Profit Jumps on Robust Holiday Sales
Vancouver—Lululemon Athletica Inc. reported today that its four quarter profit jumped 34% on robust holiday sales, but its 2012 forecast disappointed retail analysts. For the quarter ended Jan. 29,...
View ArticleLululemon Q1 Profit Leaps 40%, But Gives Conservative Outlook
Vancouver—Lululemon reported today that its first quarter profit leaped 40%, but the trendy yoga wear retailer forecast a tepid outlook for the rest of the year. For the quarter ended April 29,...
View ArticleLululemon Athletica Q2 Profit Jumps 50%
Vancouver–Lululemon Athletica Inc. said Friday that its second quarter net income jumped by nearly 50%, bolstered by higher sales and a favorable tax adjustment. For the quarter ended July 29, the...
View ArticleLululemon Q3 Profit, Sales Jump, But Predicts Q4 Sales Slowdown
Vancouver—Lululemon Athletica Inc. today reported a better-than-expected 47% jump in its third quarter profits, but despite impressive gains, the company forecast slower sales for fourth quarter. For...
View ArticleNRF Recognizes Amazon, Crocs, Kohl’s, Lululemon as Innovators, Leaders at Retail
Washington—Retailers who think outside the box when it comes to innovative practices are being recognized for their achievements by their peers. The National Retail Federation (NRF) announced Wednesday...
View ArticleLululemon Shares Plunge on CEO’s Resignation
Vancouver—Although Lululemon Athletica posted Monday first quarter results that beat analysts’ estimates, the sporting-wear specialty retailer saw its has plummet about 17% after it was announced...
View ArticleWeek in Review: Top Stories to Follow
New York–While earnings season is nearing its end, there’s no shortage of speculation about where some of the industry’s most visible executives–particularly creative directors–will wind up in the...
View ArticleLululemon Athletica Hopes to Re-Engage with New CEO
Vancouver—After a series of embarrassing gaffes, Lululemon Athletica Inc. hopes a new regime will put the mishaps behind the yoga wear retailer. Today, the company announced a new chief executive...
View ArticleLululemon Q3 Earnings Up, But Warns of Flat Holiday Comps
Vancouver—Lululemon Athletica Inc. today reported a 20% increase in its third quarter profit but warned that its fourth quarter comp sales would likely be flat further affecting its full year results....
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