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Lululemon Athletica Inc Add to portfolio

COMP:LULU, Jul 15, 11:55 UTC

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Sunday, July 05


News

9 big things: Lululemon's $500M bet on sweating at home

LULU

At some point in the future, the threat of COVID-19 will begin to fade. When that will be is still anybody's guess. But whenever that wonderful day arrives, it seems safe to assume that post-pandemic life is going to look a little different. Mirror image In the 13 years since its IPO, Lululemon has grown into one of the biggest athletic apparel brands in the world, leveraging its must-have yoga pants and other trendy workout and leisure attire into a market cap of nearly $40 billion. On Monday, the company announced plans to dip its toes into a different part of the workout world with its first acquisition, agreeing to shell out $500 million for an in-home fitness startup called Mirror. Venture capitalists valued Mirror at $300 million last October, according to PitchBook data, and Peloton's stock had stayed relatively steady after an $8.1 billion IPO in September. But the pandemic seems to have unlocked the promise of even more value.

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Saturday, July 04


News

Barron's Picks And Pans: Chipotle, Lululemon, Zoom Video And More

LULU CMG

Barron's Picks And Pans: Chipotle, Lululemon, Zoom Video And More. Cover story "3 Scenarios for Playing the Coronavirus Economy in the Second Half" by Lisa Beilfuss presents a bullish and a bearish case for the second half of 2020. How will Apple Inc. (NASDAQ: AAPL), Nike Inc (NYSE: NKE) and others fare? In "No Friends on Wall Street? No Problem for These 3 Stocks," Al Root examines why sometimes it pays to buy the market's most unloved stocks, such as Sally Beauty Holdings, Inc. (NYSE: SBH), that have faced bad news but where business trends are improving. How the likes of Amazon.com, Inc. (NASDAQ: AMZN) and Tesla Inc (NASDAQ: TSLA), and Wall Street overall, might fare under a Biden administration, according to "What a Democratic Sweep Could Mean for the Market" by Andrew Bary. In Eric J. Savitz's "Software Is Saving the World—and Other First-Half Lessons," see whether Adobe Inc (NASDAQ: ADBE) and Square Inc (NYSE: SQ) are among the 10 best-performing tech stocks of 2020 so far, and which one Barron's thinks may have gone too far.

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Tuesday, June 30


News

Stocks - Uber, Lululemon Rise Premarket; Boeing Falls

LULU BA +1 more LULU BA UBR

Wells Fargo (NYSE:WFC) stock fell 1.1% after the bank confirmed late Monday that it will have to cut its third-quarter dividend for the first time in more than a decade after the Federal Reserve’s annual stress test. Boeing (NYSE:BA) stock fell 1.5% after Norwegian Air Shuttle canceled orders for 97 Boeing aircraft and will claim compensation from the U.S. plane-maker for the grounding of the 737 Max and for 787 engine troubles. The deal values Postmates at $2.6 billion, the WSJ reported, in what would be the latest in a series of moves to consolidate the food-delivery industry. Micron (NASDAQ:MU) stock rose 6.1% after the memory-chip maker said sales surged in the third quarter as the pandemic forces more companies to expand their cloud computing capabilities.

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Monday, June 29


News

Lululemon, MEC, Arc'teryx and Moosehead Breweries join Facebook ad boycott - Pique Newsmagazine

LULU FB

Canadian companies are joining a growing list of top international brands vowing not to advertise on Facebook Inc. in July because of the company's refusal to deal with the spread of hateful content on its platform. Vancouver athletic wear companies Lululemon Athletica Inc., Mountain Equipment Co-op and Arc'teryx and New Brunswick-based Moosehead Breweries are pulling their paid ads from Facebook and joining a boycott that has already been supported by Coca-Cola, Unilever, Honda America, Patagonia and more. Champions of the #StopHateForProfit boycott — led by civil rights and advocacy groups including the Anti-Defamation League and National Association for the Advancement of Colored People — say Facebook has not done enough to keep racist, false and dangerous content or white supremacists off its platform. Content moderation concerns have long dogged the company, which has often landed in regulators' cross hairs as it struggles to balance freedom of speech with its responsibility to keep Facebook users safe. While Facebook is a valuable tool for companies searching for eyeballs and customers willing to dip into their wallets, the boycott hurts the social media company more than the brands edging away from it, said Joanne McNeish, an associate professor of marketing at Ryerson University.

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News

Canadian companies Lululemon, MEC and Arc'teryx join Facebook ad boycott

LULU FB

Canadian companies are joining a growing list of top international brands vowing not to advertise on Facebook Inc. in July because of the company's refusal to deal with the spread of hateful content on its platform. Vancouver athleticwear companies Lululemon Athletica Inc., Mountain Equipment Co-op and Arc'teryx are pulling their paid ads from Facebook and joining a boycott that has already been supported by Coca-Cola, Unilever, Honda America, Patagonia and more. Champions of the StopHateForProfit boycott — led by civil rights and advocacy groups including the Anti-Defamation League and National Association for the Advancement of Colored People — say Facebook has not done enough to keep racist, false and dangerous content or white supremacists off its platform. Their boycott is significant, because ad revenues generated almost $69.66 billion US for Facebook last year, the company's biggest money maker, according to research firm Statista. However, content moderation concerns have long dogged the company, which has often landed in regulators' cross hairs as it struggles to balance freedom of speech with its responsibility to keep Facebook users safe.

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News

Lululemon, MEC, Arc'teryx and Moosehead Breweries join Facebook ad boycott

LULU FB

Vancouver athletic wear companies Lululemon Athletica Inc., Mountain Equipment Co-op and Arc'teryx and New Brunswick-based Moosehead Breweries are pulling their paid ads from Facebook and joining a boycott that has already been supported by Coca-Cola, Unilever, Honda America, Patagonia and more. Champions of the #StopHateForProfit boycott — led by civil rights and advocacy groups including the Anti-Defamation League and National Association for the Advancement of Colored People — say Facebook has not done enough to keep racist, false and dangerous content or white supremacists off its platform. "The investments we have made in artificial intelligence mean that we find nearly 90 per cent of Hate Speech we action before users report it to us, while a recent European report found Facebook assessed more hate speech reports in 24 hours than Twitter and YouTube," the company said in an email. Content moderation concerns have long dogged the company, which has often landed in regulators' cross hairs as it struggles to balance freedom of speech with its responsibility to keep Facebook users safe. While Facebook is a valuable tool for companies searching for eyeballs and customers willing to dip into their wallets, the boycott hurts the social media company more than the brands edging away from it, said Joanne McNeish, an associate professor of marketing at Ryerson University.

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Sunday, June 14


News

Lululemon Athletica (NASDAQ:LULU) Target Raised by B. Riley to $317.00

LULU

Lululemon Athletica stock has undergone multiple analysts rating changes in the recent past. B. Riley’s price target would indicate a potential upside of 8.98% from the stock’s previous close. On 4/27/2020 Director Dennis J Wilson Sell 89,455 at average share price of $223.58 which equates to $20,000,348.90 in money value. 6/12/2020 – Lululemon Athletica had its price target raised by analysts at Jefferies Financial Group Inc from $194.00 to $290.00.

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Friday, June 12


News

American Airlines, Perspecta rise; PVH, Lululemon fall

LULU AAL

NEW YORK — Stocks that moved heavily or traded substantially on Friday:. The software maker reported strong digital media revenue growth and beat Wall Street's fiscal second-quarter profit forecasts. Investment firm Jana Partners disclosed a 5.9% stake in the information technology company. The sporting goods retailer is reinstating its dividend and expects all of its stores to be open by the end of June.

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News

American Airlines, Perspecta rise; PVH, Lululemon fall

LULU AAL

NEW YORK -- Stocks that moved heavily or traded substantially on Friday:. The software maker reported strong digital media revenue growth and beat Wall Street's fiscal second-quarter profit forecasts. Investment firm Jana Partners disclosed a 5.9% stake in the information technology company. The sporting goods retailer is reinstating its dividend and expects all of its stores to be open by the end of June.

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News

Lululemon Athletica Inc (LULU) Q1 2020 Earnings Call Transcript

LULU

Actual results may differ materially from those contained in or implied by these forward-looking statements due to risks and uncertainties associated with our business, including those we have disclosed in our most recent filings with the SEC, including our annual report on Form 10-K and our quarterly reports on Form 10-Q. It's good to speak with all of you again to provide an update on our first quarter, how we are adapting to and navigating the unique challenges presented by COVID-19 and the trends we're currently seeing in the business. During this phase, our overall business in China accelerated further as guests began to feel more comfortable returning to the stores. We acted swiftly during the quarter to support our collective in this crisis by closing the majority of our stores, committing to pay protection for all our employees, launching our We Stand Together Fund to assist our employees who were directly impacted by COVID-19, launching our Ambassador Relief Fund, and continuing to pay our rent and pay for committed merchandise orders.

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