NEW YORK, Aug. 09, 2024 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, announces that a class action lawsuit has been filed against Lululemon Athletica Inc. (“Lululemon” or the “Company”) (NASDAQ: LULU) in the United States District Court for the Southern District of New York on behalf of all persons and entities who purchased or otherwise acquired Lululemon securities between December 7, 2023 and July 24, 2024, both dates inclusive (the “Class Period”) ...

NEW YORK, Aug. 9, 2024 /PRNewswire/ -- Pomerantz LLP announces that a class action lawsuit has been filed against Lululemon Athletica Inc. ("Lululemon" or the "Company") (NASDAQ: LULU). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased.The class action concerns whether Lululemon and certain of its ...

SAN DIEGO, Aug. 09, 2024 (GLOBE NEWSWIRE) -- Robbins LLP informs investors that a shareholder filed a class action on behalf of all persons and entities that purchased or otherwise acquired Lululemon Athletica Inc. (NASDAQ: LULU) securities between December 7, 2023 and July 24, 2024. Lululemon is principally a designer, distributor, and retailer of technical athletic apparel, footwear, and accessories. For more information, submit a form, email attorney Aaron Dumas, Jr., or give us a call at (800) 350-6003. ...

SAN DIEGO, Aug. 08, 2024 (GLOBE NEWSWIRE) -- Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of lululemon athletica inc. (NASDAQ: LULU) securities between December 7, 2023 and July 24, 2024, inclusive (the “Class Period”), have until October 7, 2024 to seek appointment as lead plaintiff of the lululemon class action lawsuit. Captioned Patel v. lululemon athletica inc., No. 24-cv-06033 (S.D.N.Y.), the lululemon class action lawsuit charges lululemon and certain of lululemon’s top exec ...

lululemon athletica inc. (LULU) has displayed a choppy graph in recent months, operating against a backdrop of curtailed consumer discretionary spending, owing to rising inflation and higher interest rates. Additionally, the company's strong presence in the mature North America market and recent inventory challenges have contributed to a decrease in its share price. As a result, this Vancouver-based retailer of luxury athletic apparel, footwear and accessories hit a new 52-week low of $226.01 on Aug 5, 2024 ...

This fashion innovator is struggling to win over investors.It's been a difficult ride for Lululemon Athletica (LULU 2.77%) investors this year as shares have cratered some 54%. The business that singlehandedly created the athleisure apparel category is facing slower growth and heightened competition that is undoubtedly scaring shareholders.But Lululemon's bulls hope things can turn around for the better. With that being said, where will this consumer discretionary stock be in three years?Doing the same thin ...

It might not bounce back today, but this is a safer stock to bet on for an eventual turnaround.In June, the management team of Lululemon Athletica (LULU -5.24%) spoke to investors about its need for new and innovative athletic apparel products, and excitingly talked up the pending launch of its new Breezethrough leggings. In July, the Breezethrough line was abruptly pulled from shelves after customers panned them as unflattering.After Lululemon pulled Breezethrough, some Wall Street analysts responded by pu ...

The apparel brand is going through a rough patch with new product launches.It has been a tough year for Lululemon Athletica (LULU -5.24%). The stock has fallen a whopping 50% just in 2024, which is the deepest drawdown of the last 10 years. As a successful apparel brand that popularized the women's leggings category, Lululemon is seeing slowing revenue growth with mounting competition in North America from upstart athleisure brands. However, it continues to grow like gangbusters outside of North America, an ...

Nike's problems might not affect Lululemon as much as the market thinks.Nike (NYSE: NKE) reports quarterly earnings on a different schedule than most public companies, and its updates often give the market a sense of what's happening in retail before they get other earnings announcements. Because Nike plays such a strong role on the retail scene, its performance can be a harbinger of what's to come. For example, at the end of 2021, it was Nike that gave some of the earliest indications of the supply chain c ...

Goldman Sachs analyst Brooke Roach downgraded Lululemon Athletica Inc. LULU to Neutral from Buy, lowering the price forecast from $463 to $286.Following recent execution challenges, lackluster innovation launches, and rising evidence of more regular promotionality, the analyst sees more balanced risk-reward for the stock.The analyst flags that Lululemon’s store traffic has declined in each month of 2024, which marks a material slowdown compared to the 2023 trend. Traffic versus the key peers has also been f ...