All articles tagged with #lululemon
Lululemon founder Chip Wilson is nominating three new board candidates to push for visionary leadership amid declining sales and increased activist investor pressure, as the company seeks to revitalize growth and regain market confidence.
Lululemon founder Chip Wilson has proposed a board overhaul by nominating three new directors to bring visionary leadership and restore confidence amid the company's struggles with declining shares, increased competition, and leadership changes, while activist investor Elliott Management also targets the company's future direction.
Lululemon's founder Chip Wilson is challenging the company's current leadership by nominating new board members, criticizing the company's recent struggles and leadership changes, amid a broader battle for control involving activist investors and rival companies, as the brand faces increased competition and market challenges.
Lululemon founder Chip Wilson has initiated a proxy fight by nominating three independent directors to the company's board, criticizing recent leadership changes and seeking to influence the appointment of a new CEO amid declining shares and increased competition, with support from activist investor Elliott Management.
The article highlights the biggest midday stock movements involving companies like Rocket Lab, Trump Media, Lululemon, and Micron Technology, indicating notable trading activity and market shifts.
Lululemon has partnered with the NFL and Fanatics to launch its first line of NFL fan apparel, including clothing for all 32 teams, available starting October 28, as part of its strategy to expand beyond yoga and attract new customers.
Lululemon is partnering with the NFL to create a new collection of apparel and accessories for all 32 teams, featuring products for men and women and promoted through a campaign with former NFL players. The collection will be available on various online and physical stores starting Tuesday.
Stock futures rose after a weaker-than-expected August jobs report, with the Dow gaining slightly and tech stocks like Microsoft and Boeing leading gains, while Lululemon plunged nearly 19% after missing sales estimates and lowering its outlook. Broadcom exceeded earnings expectations, boosting its stock, and the August jobs report showed a modest increase in payrolls and a rise in unemployment.
Lululemon's Q2 2025 revenue grew 7% to $2.5 billion, but US sales underperformed due to tariff pressures, prompting the company to revise its full-year outlook to a 2-4% growth range and expect a $240 million reduction in gross profit due to higher tariffs and other industry challenges.
Lululemon's stock dropped 18% after cutting its full-year guidance due to tariffs and weak U.S. sales, despite beating earnings estimates; analysts warn the situation may worsen as international sales temporarily offset U.S. struggles, but overall growth prospects are challenged by increased competition and market headwinds.
Lululemon warns that the end of the de minimis exemption and higher tariffs will significantly impact its margins, leading to a $240 million hit this year and causing the company to cut its earnings and revenue outlook.
Lululemon's shares fell over 10% after the company issued a significantly lower full-year earnings forecast, citing tariffs impacting profits and missing revenue expectations despite beating earnings estimates in Q2. The company projects weaker revenue and earnings for the upcoming quarter, leading to a more than 45% decline in stock value this year.
Lululemon reported a 7% revenue increase to $2.5 billion in Q2 2025, with international growth offsetting U.S. challenges, and revised its full-year outlook to 2-4% revenue growth due to industry-wide issues and tariffs.
Yahoo Canada highlights the top 11 discounted Lululemon bags from their We Made Too Much section, offering stylish and practical options at prices starting at $29, perfect for those looking to upgrade their collection without breaking the bank.
Lululemon is offering major discounts on popular items including $9 steals and $49 Align leggings, along with a variety of sportswear and accessories perfect for summer, encouraging shoppers to take advantage of limited-time deals on comfortable, stylish activewear.