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lululemon athletica inc. stock price
lululemon athletica inc. latest news:
Lululemon says CEO Potdevin has resigned
TORONTO (Reuters) - Canadian athletic apparel company Lululemon Athletica said on Monday that its Chief Executive Officer Laurent Potdevin had resigned, effective immediately.
Lululemon's CEO resigns over issue of conduct
Lululemon Athletica Inc. says Laurent Potdevin has resigned as CEO effective immediately, saying he fell short of the company's standards of conduct.
BRIEF-Lululemon Athletica Says Agreed To Pay Laurent Potdevin Lump Sum Cash Payment Of $3.4 Mln As Soon As Practicable ...
Lululemon Athletica Inc(LULU): * LULULEMON ATHLETICA - AGREED TO PAY LAURENT POTDEVIN LUMP SUM CASH PAYMENT OF $3.4 MILLION AS SOON AS PRACTICABLE AFTER EFFECTIVE DATE OF SEPARATION. * Lululemon Athletica Inc(LULU) - POTDEVIN WILL NOT RECEIVE ANY CONTINUED OR ACCELERATED VESTING OF ANY OUTSTANDING EQUITY AWARDS.
BRIEF-Lululemon Athletica Says Agreed To Pay Laurent Potdevin Lump Sum Cash Payment Of $3.4 Mln As Soon As Practicable After Effective Date Of Separation
* LULULEMON ATHLETICA - AGREED TO PAY LAURENT POTDEVIN LUMP
CASH PAYMENT OF $3.4 MILLION AS SOON AS PRACTICABLE AFTER
EFFECTIVE DATE OF SEPARATION
Lululemon says holiday season sales better than expected
(Reuters) - Lululemon Athletica Inc said on Monday the holiday shopping season was even better than it had expected and raised its profit and revenue forecasts for the fourth quarter, sending the Canadian yogawear maker's shares to their highest since June 2013.
UPDATE 3-Lululemon says holiday season sales better than expected
Jan 8 (Reuters) - Lululemon Athletica Inc said on
Monday the holiday shopping season was even better than it had
expected and raised its profit and revenue forecasts for the
fourth quarter, sending the Canadian yogawear maker's shares to
their highest since June 2013.
Lululemon's stock set to rally after profit, revenue outlook raised
Shares of Lululemon Athletica Inc. were indicated up about 1.5% in premarket trade Monday, after the yoga-gear maker raised its fourth-quarter profit and revenue guidance ranges, citing accelerating trends during the holiday season. The company now expects adjusted earnings per share of $1.25 to $1.27, up from a previous range of $1.19 to $1.22. The revenue outlook was raised to $905 million to $915 million from $870 million to $885 million, with same-store sales expected to increase in the "high single digits" rather than the "mid-single digits" previously expected. "We are thrilled with our performance this holiday season that reflects an accelerating trend across all parts of our business, and we look forward to continued momentum in 2018 and beyond," said Chief Executive Laurent Potdevin. Separately, the company said it expects to recognize a "significant income tax expense" in the fourth quarter related to the one-time repatriation tax on accumulated foreign earnings, but said the tax reform will be favorable to the effective tax rate in 2018. The stock has rallied 29.6% over the past three months, while the SPDR S&P Retail ETF has climbed 10.7% and the S&P 500 has gained 7.6%.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
Wall Street closes higher on big tech boost
NEW YORK (Reuters) - Wall Street rose on Thursday, buoyed by popular technology companies including Facebook and Alphabet, while shares of yoga pants seller Lululemon Athletica jumped after earnings.
Lululemon same-store sales beat estimates
Canadian yoga and leisure apparel maker Lululemon Athletica Inc (LULU) on Wednesday reported a better-than-expected 8 percent rise in same-store sales, sending its shares up 6 percent in extended trading.
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