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And even so, its stock price has collapsed to its lowest level in more than five years -- illustrating just how extreme the challenges the industry faces right now are. Lululemon trades today at a ...
Image source: The Motley Fool. Lululemon Athletica (NASDAQ: LULU) Q3 2024 Earnings Call Dec 05, 2024, 4:30 p.m. ET. Contents: Prepared Remarks. Questions and Answers. Call Participants
Lululemon’s demographic has shifted – originally marketed toward suburban women in their 30s and 40s, its stores are increasingly filled with younger, close to preteen-aged shoppers.
Lululemon pulled back on its cadence of new merchandise in its US stores this year, which McDonald is now reversing. "All data has pointed to a brand that is still highly engaged with our guest ...
The last time Lululemon's stock was priced this low was after a pandemic-fueled crash in 2020.
lululemon's (LULU) Q3 results are expected to benefit from continued business momentum, robust traffic trends in both stores and e-commerce, and SG&A leverage.
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Another beneficiary of casualization, Lululemon, now expects 2023 Q4 revenue to be in the range of $3.17 billion to $3.19 billion, up 14% to 15% year over year.
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