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Search resuls for: "Lululemon Athletic"


4 mentions found


☆ Markets looking for the next catalyst might latch on to worries about 2023
  + stars: | 2022-12-02 | by ( Patti Domm | In | ) www.cnbc.com   time to read: +6 min
Markets could be volatile and in search of a catalyst in the week ahead, as investors consider year-end trades in the lull before the Federal Reserve's December 13-14 policy meeting. Stocks were higher in the past week, with the year's worst performing sectors, communications services and consumer discretionary companies, leading the gains. On the geopolitical front, Arone said investors will watch the Dec. 6 runoff election in Georgia's senate race . Week ahead calendar Monday Earnings: Sumo Logic , Gitlab 9:45 a.m. Services PMI 10:00 a.m. ISM services 10:00 a.m. Initial jobless claims 10:00 a.m. Quarterly services survey Friday 8:30 a.m. PPI 10:00 a.m. Consumer sentiment 10:00 a.m. Wholesale trade
☆ How Lululemon built a multibillion-dollar athletic wear empire
  + stars: | 2022-10-21 | by ( Jade Tungul Tala Hadavi | Jade Tungul | Tala Hadavi | ) www.cnbc.com   time to read: +2 min
Lululemon is a multibillion-dollar leader in the high-end active wear category that owns and operates 600 stores, 40 of which are located in Europe. Its roots date back to 1998 when it opened as "Lululemon Athletica," a yoga-wear brand geared toward women and yoga enthusiasts. Demand for athletic wear has grown exponentially since those early days, and in 2022 Lululemon continues to lead the way, with its second-quarter revenue soaring 29% year over year. Nevertheless, the company continues to innovate and diversify into different categories and wider tech offerings. Watch the video above to learn more about what makes Lululemon a global leader in athleisure and active wear.
☆ Evercore ISI sees some potential winners as earnings forecasts expected to plunge
  + stars: | 2022-10-10 | by ( Patti Domm | In | ) www.cnbc.com   time to read: +1 min
Evercore ISI analysts expect earnings estimates to plunge, but they do see some winners emerging during earnings season in a bifurcated market. For the third quarter, Evercore ISI expects S & P 500 earnings to grow at a 4.1% pace and beat estimates by a modest 1.2%. The stocks also have seen positive 2023 earnings revisions and high short interest relative to the past year. Apple, for instance, is up 7.7% since the June low and its 2023 earnings have been revised down 23.8%. Evercore ISI also looked at stocks that could underperform this earnings season.
☆ Anthony Gonzalez snags GoodRx, Marie Newman sells Moderna, Gary Peters buys fossil fuel burners
  + stars: | 2021-04-26 | by ( Dave Levinthal | ) www.businessinsider.com   time to read: +8 min
Newman sells ModernaLast week, Insider reporters Kimberly Leonard and Warren Rojas profiled the stock trades of Rep. Marie Newman, a freshman Democrat from Illinois, and her husband. On Wednesday, Newman reported that she or her husband made additional stock trades in January. And he and his wife last week reported making dozens of different stock trades and financial moves during March. Rep. Josh Gottheimer, a Democrat from New Jersey, made more than 60 stock trades during March. Rep. John Yarmuth, a Democrat from Kentucky, meanwhile made nearly 20 stock trades during March.
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