Lululemon Athletica is seeing lower margins but higher revenue and earnings. The athletic apparel, footwear and accessories company has raised its revenue and earnings expectations for the quarter that ends Jan. 29, the firm said in a Monday (Jan. 9) press release. It now expects...
Athleisure retailer Lululemon Athletica reported earnings on Thursday with a positive look at its eCommerce expansion. The company’s results for the third quarter 2022 were mainly positive thanks to increased web traffic and in-store purchases at the start of the holiday shopping season. “Black Friday...
In today’s top retail news, Five Below and Zumiez each separately announced soaring net sales. Plus, lululemon athletica inc. said it is seeking to grow its inventory. Five Below Expands Brick-and-Mortar Footprint As Net Sales Surge Five Below announced that its net sales soared by about...
As it shuttered stores and decreased operating hours due to the coronavirus pandemic, Lululemon Athletica said, direct-to-consumer (DTC) net revenue jumped 68 percent for the first quarter of fiscal 2020. The activewear company reported gross margin of 51.3 percent, which marked a 260 basis point...
April 17, 2023
More fitness content providers are ditching pricey, specialized hardware for app-based experiences people can use on any device, with Lululemon’s Mirror the latest piece of gear caught in the crosscurrents of changing market dynamics. Lululemon Athletica Inc. is the latest to see the downside of fitness hardware, as reports circulated that the athleisure giant is […]
January 09, 2023
Lululemon Athletica is seeing lower margins but higher revenue and earnings. The athletic apparel, footwear and accessories company has raised its revenue and earnings expectations for the quarter that ends...
December 09, 2022
Athleisure retailer Lululemon Athletica reported earnings on Thursday with a positive look at its eCommerce expansion. The company’s results for the third quarter 2022 were mainly positive thanks to increased...
June 12, 2020
As it shuttered stores and decreased operating hours due to the coronavirus pandemic, Lululemon Athletica said, direct-to-consumer (DTC) net revenue jumped 68 percent for the first quarter of fiscal 2020....
