LULU

lululemon Unveils Team Canada Summer Athlete Kit for Paris 2024 Olympic and Paralympic Games in Partnership with the Canadian Olympic Committee and Canadian Paralympic Committee

Retrieved on: 
Tuesday, April 16, 2024

Today, lululemon (NASDAQ:LULU) – in partnership with the Canadian Olympic Committee (COC) and Canadian Paralympic Committee (CPC) – revealed its first-ever summer Athlete Kit for Team Canada ahead of the Paris 2024 Olympic and Paralympic Games.

Key Points: 
  • Today, lululemon (NASDAQ:LULU) – in partnership with the Canadian Olympic Committee (COC) and Canadian Paralympic Committee (CPC) – revealed its first-ever summer Athlete Kit for Team Canada ahead of the Paris 2024 Olympic and Paralympic Games.
  • View the full release here: https://www.businesswire.com/news/home/20240416565200/en/
    lululemon unveils Team Canada Summer Athlete Kit for Paris 2024 Olympic and Paralympic Games.
  • “Our partnership with lululemon has been transformational for Team Canada athletes,” said David Shoemaker, CEO, Canadian Olympic Committee.
  • Additional Team Canada apparel and accessories, for both the Olympic and Paralympic Games, will launch online in the U.S. and in select stores in Paris in the lead-up to Paris 2024.

lululemon athletica inc. Announces Fourth Quarter and Full Year Fiscal 2023 Results

Retrieved on: 
Thursday, March 21, 2024

lululemon athletica inc. (NASDAQ:LULU) today announced financial results for the fourth quarter and fiscal year ended January 28, 2024.

Key Points: 
  • lululemon athletica inc. (NASDAQ:LULU) today announced financial results for the fourth quarter and fiscal year ended January 28, 2024.
  • During the fourth quarter, we saw continued momentum across our channels, geographies, and merchandise categories, driven by our teams around the world.
  • For the fourth quarter of 2023, compared to the fourth quarter of 2022:
    Net revenue increased 16% to $3.2 billion.
  • The effective income tax rate for the fourth quarter of 2023 was 28.1% compared to 62.3% for the fourth quarter of 2022.

Teri List Joins lululemon Board of Directors

Retrieved on: 
Tuesday, March 19, 2024

lululemon athletica inc. (NASDAQ: LULU) today announced the appointment of Teri List to serve on its Board of Directors, effective immediately.

Key Points: 
  • lululemon athletica inc. (NASDAQ: LULU) today announced the appointment of Teri List to serve on its Board of Directors, effective immediately.
  • “Teri’s impressive experience as a business leader and board member for large, global companies will add great value as we continue to grow lululemon around the world,” said Martha Morfitt, Chair of the Board.
  • “We’re pleased to welcome Teri to the lululemon Board of Directors and grateful to benefit from her extensive knowledge and insights.”
    Ms.
  • “I’m proud to join the Board of Directors as lululemon continues to expand its global presence and advance its guest experience,” said Ms.

lululemon athletica inc. Announces Fourth Quarter and Full Year Fiscal 2023 Earnings Conference Call

Retrieved on: 
Thursday, March 7, 2024

lululemon athletica inc. (NASDAQ: LULU) today announced that its financial results for the fourth quarter and full year fiscal 2023 will be released Thursday, March 21, 2024.

Key Points: 
  • lululemon athletica inc. (NASDAQ: LULU) today announced that its financial results for the fourth quarter and full year fiscal 2023 will be released Thursday, March 21, 2024.
  • The company will host a conference call at 4:30 p.m. Eastern time to discuss the financial results.
  • A live webcast of the conference call will be available online at: https://corporate.lululemon.com/investors/news-and-events/events-and-pre... .
  • A replay will be made available online approximately 2 hours following the live call for a period of 30 days.

lululemon’s First-of-its-Kind Women’s Ultramarathon, FURTHER, Begins March 6 to Better Understand Human Performance and Challenge World Records

Retrieved on: 
Tuesday, March 5, 2024

Several products also include features to help the runners stay cool and store items they need during the race.

Key Points: 
  • Several products also include features to help the runners stay cool and store items they need during the race.
  • “When supported with innovation and resources, we are confident women will continue to redefine the limits of what’s possible.
  • This includes the chance to exceed the men’s six-day world record which would mark the first time a woman sets the current overall ultrarunning distance world record.
  • The Centre for Social Impact will have contributed over $5 million USD since 2021 to advancing the program’s work globally.

lululemon Expands Its Footwear Offerings with New Casual and Performance Styles, Including the Brand’s First-Ever Men’s Collection

Retrieved on: 
Thursday, February 1, 2024

Today lululemon (NASDAQ:LULU) revealed its 2024 spring and summer footwear offering with new casual and performance innovations, including the brand’s first men’s collection.

Key Points: 
  • Today lululemon (NASDAQ:LULU) revealed its 2024 spring and summer footwear offering with new casual and performance innovations, including the brand’s first men’s collection.
  • The collection will be available, in both men’s and women’s styles, online and in select stores across North America, Europe and China Mainland.
  • View the full release here: https://www.businesswire.com/news/home/20240201156773/en/
    Today lululemon revealed its 2024 spring and summer footwear offering, including the brand’s first men’s collection.
  • The brand plans to launch additional footwear innovations, including the Restfeel Sandal, throughout the year including new material iterations, across the product line.

lululemon athletica inc. Updates Revenue and Earnings Expectations for the Fourth Quarter Ahead of the ICR Conference

Retrieved on: 
Monday, January 8, 2024

lululemon athletica inc. (NASDAQ:LULU) today announced that, for the fourth quarter of fiscal 2023, the Company now expects net revenue will be in the range of $3.170 billion to $3.190 billion, representing a 14% to 15% increase compared to the fourth quarter of fiscal 2022.

Key Points: 
  • lululemon athletica inc. (NASDAQ:LULU) today announced that, for the fourth quarter of fiscal 2023, the Company now expects net revenue will be in the range of $3.170 billion to $3.190 billion, representing a 14% to 15% increase compared to the fourth quarter of fiscal 2022.
  • The previous guidance range was $3.135 billion to $3.170 billion.
  • Diluted earnings per share are now expected to be in the range of $4.96 to $5.00 for the fourth quarter of fiscal 2023 compared to the Company’s previous guidance range of $4.85 to $4.93.
  • The Company now expects gross margin to be in the range of 58.6% to 58.7% for the fourth quarter of fiscal 2023, compared to its previous guidance of 58.3% to 58.6%.

lululemon athletica inc. Announces Third Quarter Fiscal 2023 Results, Board of Directors Authorizes $1.0 Billion Stock Repurchase Program

Retrieved on: 
Thursday, December 7, 2023

For the third quarter of 2023, compared to the third quarter of 2022:

Key Points: 
  • For the third quarter of 2023, compared to the third quarter of 2022:
    Net revenue increased 19% to $2.2 billion.
  • Direct to consumer net revenue represented 41% of total net revenue compared to 41% for the third quarter of 2022.
  • As of October 29, 2023, the Company had $243.2 million of authorization remaining on its previously authorized stock repurchase program.
  • On November 29, 2023, the board of directors approved an additional stock repurchase program for up to $1.0 billion of the Company's common shares.

lululemon athletica inc. Announces Third Quarter Fiscal 2023 Earnings Conference Call

Retrieved on: 
Wednesday, November 22, 2023

lululemon athletica inc. (NASDAQ: LULU) today announced that its financial results for the third quarter fiscal 2023 will be released Thursday, December 7, 2023.

Key Points: 
  • lululemon athletica inc. (NASDAQ: LULU) today announced that its financial results for the third quarter fiscal 2023 will be released Thursday, December 7, 2023.
  • The company will host a conference call at 4:30 p.m. Eastern time to discuss the financial results.
  • A live webcast of the conference call will be available online at: https://corporate.lululemon.com/investors/news-and-events/events-and-pre... .
  • A replay will be made available online approximately 2 hours following the live call for a period of 30 days.

TEAM WANG design - UNDER THE CASTLE Held Its Grand Opening of New Concept Space

Retrieved on: 
Tuesday, October 24, 2023

On October 8th, 2023, TEAM WANG design's "UNDER THE CASTLE" Concept Space debuted its soft opening in C.PARK Shanghai, China.

Key Points: 
  • On October 8th, 2023, TEAM WANG design's "UNDER THE CASTLE" Concept Space debuted its soft opening in C.PARK Shanghai, China.
  • The Concept Space allows OFFICIAL MEMBERS to experience the journey together, and reveal the new collection at the same time.
  • This Concept Space embraces the surprises and terrors of Halloween, and using the story of the castle as a base.
  • With the launch of the "UNDER THE CASTLE" limited-time Concept Space, TEAM WANG design is also set to release the "UNDER THE CASTLE" Halloween Collection on October 14th, 2023.