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Lululemon Athletica Inc (LULU.O)

LULU.O on Nasdaq

55.31USD
2 Dec 2016
Change (% chg)

$-1.22 (-2.16%)
Prev Close
$56.53
Open
$54.75
Day's High
$56.45
Day's Low
$54.27
Volume
2,692,571
Avg. Vol
2,217,463
52-wk High
$81.81
52-wk Low
$44.62

Latest Key Developments (Source: Significant Developments)

Lululemon athletica's Rhoda Pitcher resigns from position as member of Board of Directors
Tuesday, 9 Aug 2016 08:28am EDT 

Lululemon Athletica Inc :On August 3, 2016, Rhoda Pitcher resigned from her position as a member of our Board of Directors - SEC filing.  Full Article

Lululemon files for potential mixed shelf offering
Friday, 15 Jul 2016 04:57pm EDT 

Lululemon Athletica Inc :Lululemon Athletica Inc files for potential mixed shelf offering; size not disclosed - SEC filing.  Full Article

Lululemon Athletica Q1 earnings per share $0.33
Wednesday, 8 Jun 2016 06:00am EDT 

Lululemon Athletica Inc : Lululemon Athletica Inc qtrly comparable store sales increased by 3% . Lululemon Athletica Inc says Q1 direct to consumer net revenue increased by 17% to $97.6 million, or by 18% on a constant dollar basis . Lululemon Athletica Inc Sees Q2 Total Comparable Sales In Mid Single digits on a constant dollar basis . Lululemon Athletica Inc sees Q2 diluted earnings per share are expected to be in range of $0.36 to $0.38 . Lululemon Athletica Inc sees FY earnings per share $2.05 to $2.15 normalized for tax and related interest adjustments made during Q1 of fiscal 2016 . Inventories at end of q1 of fiscal 2016 increased by 21% to $286.2 million . Q2 earnings per share view $0.39, revenue view $513.9 million -- Thomson Reuters I/B/E/S . Fy2016 earnings per share view $1.82, revenue view $2.05 billion -- Thomson Reuters I/B/E/S . Lululemon Athletica Inc. Announces first quarter fiscal 2016 results . Q1 earnings per share $0.33 . Sees Q2 2016 revenue $505 million to $515 million . Sees FY 2016 revenue $2.305 billion to $2.345 billion . Q1 earnings per share view $0.31 -- Thomson Reuters I/B/E/S . Sees FY 2016 earnings per share $2.08 to $2.18 . Sees Q2 2016 earnings per share $0.36 to $0.38 . Q1 adjusted earnings per share $0.30 .Q1 revenue $495.5 million versus i/b/e/s view $487.7 million.  Full Article

lululemon athletica inc gives Q1, FY 2016 guidance
Wednesday, 30 Mar 2016 06:00am EDT 

lululemon athletica inc:Expects Q1 2016 net revenue to be in the range of $483 million to $488 million based on a total comparable sales increase in the mid-single digits on a constant dollar basis.Expects Q1 2016 diluted earnings per share (EPS) to be in the range of $0.28 to $0.30.Expects FY 2016 net revenue to be in the range of $2.285 billion to $2.335 billion based on a total comparable sales increase in the mid-single digits on a constant dollar basis.Expects FY 2016 diluted earnings per share to be in the range of $2.05 to $2.15.  Full Article

lululemon athletica inc - Kit and Ace, Lululemon founder's new venture, fires 10 pct of HQ staff - Reuters
Monday, 22 Feb 2016 12:34am EST 

lululemon athletica inc:Kit and Ace, the retail start-up launched by Lululemon Athletica Inc founder Chip Wilson's family, has laid off roughly 10 percent of staff at its Vancouver headquarters, as the closely-held company slows its rapid pace of expansion. - RTRS.The layoffs, which impact about 35 people, come as the luxury casual wear-maker shifts focus from opening dozens of new stores to brand building and expanding its product lines."Like other tech start-ups, we are in a constant pursuit of learning, improving and adjusting our strategy," chief executive Paul Wilson said in an emailed statement on Sunday.Launched by Chip Wilson's wife and son in 2014, Kit and Ace went from a single shop in Vancouver to 61 locations across the globe in less than two years. But its rapid pace of growth is set to slow this year, with plans for just 10 new shops.Prior to the layoffs, Kit and Ace employed some 600 people, most of them in Vancouver. There are still multiple jobs listed on its website, including positions in Canada for designers and e-commerce staff.  Full Article

lululemon athletica Inc Updates Q4 2015 Guidance
Monday, 11 Jan 2016 04:05pm EST 

lululemon athletica Inc:Says for Q4 2015, anticipate that net revenue will be in the range of $690 million to $695 million.Expect Q4 2015 diluted earnings per share will be in the range of $0.78 to $0.80.Expect Q4 2015 total comparable sales increase in the high-single digits on a constant dollar basis.  Full Article

lululemon athletica Inc raises FY 2016 guidance; gives Q3 2016 revenue guidance;Q3 2016 EPS guidance below analyst's estimates
Thursday, 10 Sep 2015 05:30am EDT 

lululemon athletica Inc:Expects Q3 2016 net revenue to be in the range of $477 million to $482 million based on total comparable sales in the high single digits on a constant dollar basis.Q3 2016 diluted earnings per share to be in the range of $0.35 to $0.37.FY 2016 net revenue to be in the range of $2.025 billion to $2.055 billion based on total comparable sales in the high single digits on a constant dollar basis.FY 2016 Diluted earnings per share to be in the range of $1.87 to $1.92.Q3 2016 revenue of $478 mln, EPS of $0.43 - Thomson Reuters I/B/E/S.FY 2016 Revenue of $2.030 bln, EPS of $1.93 - Thomson Reuters I/B/E/S.  Full Article

lululemon athletica inc recalls women's tops because of draw cord injuries - Tulsa World
Saturday, 27 Jun 2015 08:00pm EDT 

lululemon athletica inc:Says is recalling about 318,000 women's tops, saying the hard-tipped elastic draw cords can snap back and injure the face or eyes of a wearer - Tulsa World.Says Regulators said that consumers should stop wearing the tops and either remove the cord or ask Lululemon for a non-elastic draw cord and instructions on how to replace the cord.Says The U.S. Consumer Product Safety Commission said the tops have an elastic draw cord with a metal or plastic tip in the hood or in the neck area.The agency says seven people have reported face and eye injuries after the cord was either pulled or became caught on something and then released.Says about 185,000 of the tops were sold in Canada and 133,000 were sold in the U.S. between January 2008 and December 2014. The items were sold under a variety of names, colors and styles, and they cost $75 to $260.  Full Article

lululemon athletica Inc gives Q1, FY 2015 outlook below analysts' estimates
Thursday, 26 Mar 2015 05:30am EDT 

lululemon athletica Inc:Expects Q1 2015 net revenue to be in the range of $413 to $418 million based on a total comparable sales increase in the low single digits on a constant dollar basis.Q1 2015 diluted earnings per share to be in the range of $0.31 to $0.33.Q1 2015 revenue of $442 mln, EPS of $0.39 - Thomson Reuters I/B/E/S.FY 2015 net revenue to be in the range of $1.970 to $2.020 billion based on a total comparable sales increase in the mid single digits on a constant dollar basis.FY 2015 Diluted earnings per share to be in the range of $1.85 to $1.90.FY 2015 Revenue of $2.052 bln, EPS of $2.06 - Thomson Reuters I/B/E/S.  Full Article

lululemon athletica Inc raises Q4 2014 outlook
Monday, 12 Jan 2015 07:00am EST 

lululemon athletica Inc:Expects Q4 2014 net revenue to be in the range of $595 -$600 mln based on a total comparable sales increase between 6 to 7 pct on a constant dollar basis.This compares to its previous guidance of net revenue in the range of $570 - $585 mln for the Q4 2014 based on a total comparable sales increase in the low single digits on a constant dollar basis.Expects Q4 2014 diluted earnings per share will be in the range of $0.71 to $0.73, as compared to previous range of $0.65 to $0.69.Q4 2014 revenue of $584 mln, EPS of $0.69 - Thomson Reuters I/B/E/S.  Full Article

CANADA STOCKS-Futures jump after U.S. jobs data

Sept 2 Stock futures pointed to a higher opening for Canada's main stock index on Friday after data showed U.S. employment growth slowed more than expected in August, which could rule out a U.S. interest rate increase this month.