Major U.S. equities indexes pushed higher to close out the trading week.
Popular athletic apparel brand Lululemon Athletica is seeing its share price crash today. As of this writing, the stock (Nasdaq: LULU) is down nearly 20% in early-morning trading.
Apparel maker's stock falls 20% after company lowers its earnings forecast, citing trade war and a pullback in consumer spending.
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Apparel - Retail Industry | Consumer Cyclical Sector | Mr. Calvin R. McDonald CEO | XSTU Exchange | US5500211090 ISIN |
CA Country | 39,000 Employees | - Last Dividend | 12 Jul 2011 Last Split | 27 Jul 2007 IPO Date |
Lululemon Athletica Inc., established in 1998 and headquartered in Vancouver, Canada, is a premier designer, distributor, and retailer of athletic apparel, footwear, and accessories under the globally recognized lululemon brand. Catering to both women and men, the company is renowned for its commitment to quality and innovation, targeting individuals who lead a healthy lifestyle, including activities like yoga, running, and training. Lululemon's expansive global footprint spans across continents, including the United States, Canada, Mainland China, Australia, South Korea, Hong Kong, Japan, New Zealand, Taiwan, Singapore, Malaysia, Macau, Thailand, the Asia Pacific, the United Kingdom, Germany, France, Ireland, Spain, the Netherlands, Sweden, Norway, Switzerland, Europe, the Middle East, and Africa. The brand's diverse sales channels include a wide array of company-operated stores, outlets, an interactive workout platform, partnerships with yoga and fitness studios, university campus retailers, license and supply arrangements, mobile apps, and the comprehensive lululemon.com e-commerce website.