Lululemon Athletica Inc. (NASDAQ: LULU) stands as a prominent global designer, distributor, and retailer of technical athletic apparel, footwear, and accessories. Founded in 1998 by Chip Wilson in Vancouver, Canada, the company initially gained recognition for its high-quality women's yoga wear and has since expanded its offerings to include athletic wear, lifestyle apparel, accessories, and [...]
Wall Street is reeling from a significant tech stock meltdown that has sent shivers through the market, driven by escalating fears of an "AI bubble." The past few weeks, particularly November and early December 2025, have witnessed a sharp sell-off in technology shares, culminating in what analysts are calling one
Stay informed about the performance of the S&P500 index one hour before the close of the markets on Friday. Uncover the top gainers and losers in today's session for valuable insights.
Shares of athletic apparel retailer Lululemon (NASDAQ:LULU)
jumped 9.8% in the afternoon session after the company reported better-than-expected third-quarter results and announced the upcoming departure of its CEO, Calvin McDonald.
Broadcom shares were down more than 11% in Friday’s midday session after CEO Hock Tan’s $73 billion AI backlog order statement failed to impress Wall Street.
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Lululemon CFO Meghan Frank and Chief Commercial Officer Andre Maestrini have been named as the interim co-CEOs while the company looks for McDonald’s successor.
Lululemon joined peers Nike and Puma to bring a change at the helm, a move intended to drive growth amid challenging U.S. sales and a lack of proper innovation that have weighed on revenue and profits.
Athletic apparel retailer Lululemon (NASDAQ:LULU) reported Q3 CY2025 results topping the market’s revenue expectations, with sales up 7.1% year on year to $2.57 billion. On the other hand, next quarter’s revenue guidance of $3.54 billion was less impressive, coming in 0.7% below analysts’ estimates. Its GAAP profit of $2.59 per share was 17.1% above analysts’ consensus estimates.
Athletic apparel retailer Lululemon (NASDAQ:LULU) announced better-than-expected revenue in Q3 CY2025, with sales up 7.1% year on year to $2.57 billion. On the other hand, next quarter’s revenue guidance of $3.54 billion was less impressive, coming in 0.7% below analysts’ estimates. Its GAAP profit of $2.59 per share was 17.1% above analysts’ consensus estimates.
The company’s leggings were once a craze, but now out-of-style products and an innovation dearth have led consumers to thread the aisles of smaller competitors such as Alo Yoga and Vuori.
Shares of athletic apparel retailer Lululemon (NASDAQ:LULU)
fell 4.6% in the morning session after investors grew concerned over expectations of weak financial results, highlighted by negative analyst commentary.
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