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Jobs Report, New Apple CEO: What to Watch This Week
The Wall Street Journal24d agoneutral
Jobs Report, New Apple CEO: What to Watch This Week

Today Meetings: G20 finance ministers and central-bank governors meeting Economic data: Texas manufacturing outlook survey, agricultural prices, portfolio holdings of foreign securities, preliminary results Tomorrow Executive Moves: John Ternus succeeds Tim Cook as Apple’s CEO Fed speaker: Fed governor Michael Barr, 9:05 a.

6 things investors need to watch in the week ahead
Yahoo Finance Video27d agoneutralVIDEO
6 things investors need to watch in the week ahead

Asking for a Trend Host, Josh Lipton, tees up the key events investors should watch in the week ahead, starting Monday, August 31, with earnings from Dell (DELL), Palo Alto Networks (PANW), Lululemon (LULU), and Snowflake. (SNOW) On Wednesday, Broadcom's (AVGO) results will offer another read on the AI trade. Then on Friday, investors will get the August jobs report, with economists expecting the unemployment rate to hold steady at 4.1%

Consumer Stocks Are Big Losers After Latest Earnings Wave
Barrons.com35d agoneutral
Consumer Stocks Are Big Losers After Latest Earnings Wave

Consumer stocks were taking a beating after the latest round of retail earnings. The consumer staples sector was the biggest laggard in the S&P 500 with a 1.9% decline. Among the biggest S&P 500 losers of the day were Walmart, Ford Motor, Norwegian Cruise Line Holdings, lululemon athletica, and Auto Zone.

Lululemon (LULU): Buy, Sell, or Hold Post Q1 Earnings?
StockStory93d agoneutral
Lululemon (LULU): Buy, Sell, or Hold Post Q1 Earnings?

Lululemon’s stock price has taken a beating over the past six months, shedding 50.4% of its value and falling to a new 52-week low of $105.41 per share. This was partly driven by its softer quarterly results and may have investors wondering how to approach the situation.

Michael Burry delivers contrary Lululemon stock verdict
TheStreet106d agoneutral
Michael Burry delivers contrary Lululemon stock verdict

Wall Street has plenty of reasons to run from Lululemon Athletica (LULU). The premium athletic apparel firm trimmed its full-year guidance, warned of lower demand in the second quarter, and highlighted further difficulties in its important Americas sector. But when a once-hot growth stock becomes ...

Lululemon eyes key growth market and it's not the U.S.
TheStreet109d agoneutral
Lululemon eyes key growth market and it's not the U.S.

Over the past three decades, Lululemon has gone from a niche yoga-pants label to a mall anchor. For most of that run, U.S. sales drove the story. That's no longer the case. The brand that built its name on American fitness studios and suburban storefronts is now leaning hard on a market half a ...

Lululemon Slumps on Earnings. Bargain Hunters Beware.
Barrons.com111d agobearish
Lululemon Slumps on Earnings. Bargain Hunters Beware.

It’s been easy to call a bottom in Lululemon Athletica in recent years–just keep waiting another day. The specialty athleticwear company, which had already dropped nearly 40% year to date alone before it reported fiscal first-quarter earnings after the bell Thursday, didn’t reward bargain hunters. The quarter itself was better than expected, but the full-year outlook was the culprit: Lululemon said it will earn between $10.95 and $11.15 a share on revenue that will be flat or down 1%, translating into $11 billion to $11.15 billion.

Lululemon Stock Hits an Eight-Year Low
The Wall Street Journal111d agoneutral
Lululemon Stock Hits an Eight-Year Low

Lululemon Athletica shares fell 8% Friday morning to their lowest level since 2018 after the company reported another quarterly decline in U.S. sales and cut its outlook for the year. Executives said some product launches, including a new line of yoga apparel, have fallen short of the company’s expectations. "The edge that Lululemon once had in releasing collections that were interesting, innovative, and on trend has disappeared," wrote Neil Saunders, managing director of research firm GlobalData.