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Top related persons:
Sun Choe - 4 Choe - 2 Lululemon - 2 Calvin McDonald - 2 New York CNN — - 1 Lulu - 1 Alo - 1 – - 1
Top related locs:
China New York athleticwear Covent London United Kingdom Los Angeles preteen
Top related orgs:
Vans - 2 New - 1 New York CNN - 1 preteens - 1 Nike - 1 Wall - 1 CNN - 1 Jefferies - 1

Search resuls for: "Sun Choe"


4 mentions found


☆ Lululemon dominated the pricey athleisure market for years. Now it faces big competition
  + stars: | 2024-06-05 | by ( Ramishah Maruf | ) edition.cnn.com   time to read: +5 min
The departure of the company’s chief product officer adds to a “wall of worry” Raymond James analysts said. Choe joined Lululemon more than seven years ago and became chief product officer in 2018, according to her LinkedIn. “I think that there’s a lot of people out there who believe that she was the person behind the scenes and was the most instrumental to Lululemon’s success,” Nikic said. Lulu has been “hyper aware” of dupe culture, Nikki Neuburger, then its Chief Brand Officer, previously said in an interview with CNN Business. However, Lululemon wasn’t stocked enough in these smaller sizes, which could have led these younger shoppers to competitors, Nikic said.
Persons: New York CNN —, Lulu, Alo, –, Sun Choe, ” Raymond James, Choe, Raymond James, Tom Nikic, “, ” Nikic, Mike Kemp, Vuori, Nikki Neuburger, Hailey Bieber, Martha Stewart, Lululemon, Nikic, Calvin McDonald, Samsul Said Organizations: New, New York CNN, preteens, Nike, Wall, Vans, CNN, Jefferies, CNN Business, Shoppers, Bloomberg, Getty Locations: New York, athleticwear, Covent, London, United Kingdom, Los Angeles, preteen, Bukit Bintang, Kuala Lumpur, Malaysia, China
☆ Lululemon shares pop 12% despite lackluster earnings report and guidance
  + stars: | 2024-06-05 | by ( Gabrielle Fonrouge | In Gabrielle-Fonrouge | ) www.cnbc.com   time to read: +4 min
Lululemon's full fiscal year guidance suggests the company is betting conditions will improve in the back half of the year. As growth in the Americas slows, Lululemon issued weak guidance for the current quarter. It expects revenue to be between $2.40 billion and $2.42 billion, just below estimates of $2.45 billion, according to LSEG. For the full year, Lululemon expects earnings per share to be between $14.27 and $14.47, ahead of the $14.11 that analysts had expected. It's expecting revenue to be between $10.7 billion and $10.8 billion, which is in line with expectations, according to LSEG.
Persons: Lululemon, Wall, Calvin McDonald, McDonald, Sun Choe Organizations: LSEG Locations: Shanghai, China, Americas
☆ Stocks making the biggest moves midday: Gap, MongoDB, Dell Technologies and more
  + stars: | 2024-05-31 | by ( Lisa Kailai Han | ) www.cnbc.com   time to read: +4 min
Check out the companies making headlines in midday trading: Dell Technologies — The software stock plunged 22% after executives cautioned that its gross margins could face more pressure in 2025. Zscaler — Shares added 5.2% after the cloud security company posted a fiscal third-quarter earnings and revenue beat. Gap — The clothing retailer soared 26% after posting fiscal first-quarter earnings per share of 41 cents, higher than the 14 cents analysts surveyed by LSEG had expected. The company beat earnings and revenue expectations for the April quarter, but still saw slower-than-expected consumption growth. SentinelOne expects its revenue to fall between $808 million to $815 million in 2024, which was lower than the $817 million forecast by LSEG.
Persons: Zscaler, LSEG, Nordstrom —, Nordstrom, chipmaker, Marvell, MongoDB, Sun Choe, Choe, Cooper, Paycom, Randy Peck, Christopher Thomas, Maheep, CNBC's Hakyung Kim, Yun Li, Jesse Pound, Pia Singh Organizations: Dell Technologies, Lionsgate, Citi, Starz, Nordstrom, Marvell Technologies, Vans, Cooper Companies, Mizuho Locations: Seattle
☆ Jim Cramer says soft Target quarter makes Walmart earnings look even better
  + stars: | 2024-05-22 | by ( Matthew J. Belvedere | ) www.cnbc.com   time to read: +1 min
Jim Cramer's daily rapid fire looks at stocks in the news outside the CNBC Investing Club portfolio. Target : Shares were dropping 7% after the retailer on Wednesday reported a soft quarter and missed on earnings for the first time since November 2022. "It just wasn't as strong as the other guys," Jim Cramer said Wednesday. " Williams-Sonoma : The company behind Williams Sonoma, Pottery Barn, and West Elm delivered a huge quarter earnings beat on inline revenue. It's really a terrific situation," Cramer said.
Persons: Jim Cramer's, Jim Cramer, Sun Choe, Cramer, Anthro, Williams, Elm Organizations: CNBC, Club, Target, Walmart, Wall Street Journal, Toll, Urban, Urban Outfitters Locations: Sonoma, Williams Sonoma
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