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Lululemon Athletica is investing in its employees. The athletic apparel and accessories firm said Thursday that it’s increasing its minimum wage and going on a hiring spree ahead of the upcoming ...
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 (LULU) possesses solid growth attributes, which could help it handily outperform the market.
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.
The last time Lululemon's stock was priced this low was after a pandemic-fueled crash in 2020.
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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 ...
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