Signage at a Lululemon store in New York, US, on Thursday, Aug. 22, 2024. Lululemon Athletica Inc. is scheduled to release earnings figures on August 29.Lululemon missed Wall Street's fiscal second-quarter sales expectations and lowered its guidance Thursday after it botched a highly anticipated product launch and growth slowed in the Americas. The company now expects full year net revenue to be between $10.38 and $10.48 billion, down from a previous range of between $10.7 billion and $10.8 billion. Lululem ...

RADNOR, Pa., Aug. 29, 2024 (GLOBE NEWSWIRE) -- The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) informs investors that a securities class action lawsuit has been filed in the United States District Court for the Southern District of New York against lululemon athletica inc. (“lululemon”) (NASDAQ: LULU) on behalf of investors who purchased or otherwise acquired lululemon securities between December 7, 2023 and July 24, 2024, inclusive (the “Class Period”). The case is assigned to the Honorab ...

NEW YORK, Aug. 29, 2024 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Lululemon Athletica Inc. (NASDAQ: LULU).Shareholders who purchased shares of LULU during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.CONTACT US HERE:https://securitiesclasslaw.com/securities/lululemon-athletica-inc-loss-submission-form/?id=98727&from=4CLASS PERIOD: Decem ...

Key TakeawaysLululemon shares have lost nearly half their value since the start of the year. Analysts say the athletic wear brand appears likely to cut its projections for the full year.Lululemon last month halted sales of a new line of leggings amid negative feedback from customers. JPMorgan analysts said that could affect second-half sales and the release of other new products.Raymond James analysts said Tuesday that "unfavorable" sales trends among other companies that also target high-income consumers c ...

LOS ANGELES, Aug. 28, 2024 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises lululemon athletica inc. ("lululemon" or the "Company") (NASDAQ: LULU) investors of a class action representing investors that bought securities between December 7, 2023 and July 24, 2024, inclusive (the "Class Period"). Lululemon investors have until October 7, 2024 to file a lead plaintiff motion. Investors are encouraged to contact attorney Lesley F. Portnoy, by phone 310-692-8883 or email: lesley@portnoylaw.com, to discuss their ...

Outside of Nvidia (NVDA) , Wall Street will be closely monitoring Q2 results from Lululemon (LULU)  this week with the athletic apparel giant set to report after market hours on Thursday, August 29.Despite being renowned for its loyal customer base, Lululemon’s stock has plummeted this year on fears of a slowdown in consumer spending along with the presumptions of increased competition from the likes of Nike (NKE) , Adidas (ADDYY) , and Under Armour (UAA) .That said, let’s see if the selloff in Lululemon’s ...

Lululemon Athletica Inc LULU will report second-quarter earnings on Thursday after market hours.The stock is down 27.67% over the past year, 47.64% year-to-date.Let’s look at what the charts indicate for Lululemon stock and how the stock currently maps against estimates (Wall Street expects $2.92 in EPS and $2.409 billion in revenues).Lululemon Stock Chart Mixed Ahead Of Q2 EarningsLululemon stock is showing a mixed technical picture with some signals favoring a bullish outlook, while others suggest a more ...

Core Viewpoint - A securities class action lawsuit has been filed against lululemon athletica inc. for allegedly making false and misleading statements regarding its business performance and inventory issues during the Class Period from December 7, 2023, to July 24, 2024 [1][2]. Group 1: Allegations Against lululemon - The lawsuit claims that lululemon faced significant inventory allocation and color palette execution issues [2]. - The Breezethrough product launch reportedly underperformed, contributing to stagnating sales in the Americas region [2]. - Positive statements made by the company regarding its business operations and prospects were allegedly misleading and lacked a reasonable basis due to these issues [2]. Group 2: Legal Process for Investors - Investors in lululemon have until October 7, 2024, to seek appointment as lead plaintiff representatives in the class action [3]. - The lead plaintiff will represent the interests of all class members and select legal counsel for the case [3]. - Participation as a lead plaintiff does not affect an investor's ability to share in any potential recovery from the lawsuit [3]. Group 3: Law Firm Information - Kessler Topaz Meltzer & Check, LLP is handling the case and encourages affected investors to reach out for more information [4][5]. - The firm has a reputation for prosecuting class actions and has recovered billions for victims of corporate misconduct [5].

Editor's note: Seeking Alpha is proud to welcome Shawn Kai Lim as a new contributing analyst. You can become one too! Share your best investment idea by submitting your article for review to our editors. Get published, earn money, and unlock exclusive SA Premium access. Click here to find out more » c1a1p1c1o1m1/iStock Editorial via Getty Images Investment Call: Buy Amid Short-term Market Overreaction Lululemon's (NASDAQ:LULU) stock has fallen from a 52-week high of $516.37 to $260.60 (as of 21 August 2024) ...

NEW YORK, Aug. 27, 2024 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of Lululemon Athletica Inc. (NASDAQ: LULU). Shareholders who purchased shares of LULU during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/lululemon-athletica-inc-loss-submission-form/?id=98160&from=3 CLASS PERIO ...