Lululemon remains a long-term option despite shaky quarters: analyst

  • 📰 BNNBloomberg
  • ⏱ Reading Time:
  • 10 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 50%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

Despite troubling sentiment in the earnings calls for both Nike and Lululemon, one analyst believes they’re still strong long-term stock options.

'Nobody needs an extra coat': Apparel sector braces for another year of no splurgingCanadian entrepreneur and financier Miles Nadal has over the years amassed a multi-million dollar collection of rare shoes and cars, a portion of which he says will soon be auctioned off in Toronto.Stocks took a breather after a rally that drove the market to its best week in 2024, with traders digesting some Fedspeak and awaiting fresh data for clues on the interest-rate outlook.

In 2021, Carleigh Bodrug posted a video online of herself using leftover orange peels, sugar and water to make candy that — in her words —"literally tastes like gummy worms."

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 83. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Lululemon, Nike remain long-term options despite shaky quarters: analystDespite troubling sentiment in the earnings calls for both Nike and Lululemon, one analyst believes they’re still strong long-term stock options.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

Nike rises on earnings, Lululemon drops on outlook: Analyst's takeIt's a tale of two athletic apparel makers. Nike (NKE) reported third-quarter results that were better than Wall Street had been expecting. Lululemon...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stock gains, FedEx earnings, Nike and Lululemon: 3 ThingsStocks (^DJI, ^IXIC, ^GSPC) are poised to see weekly gains after all three market indices closed at record highs the past two days. FedEx (FDX) shares move...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Nike, Lululemon fall on earnings, Reddit enters second day of trading: Yahoo Finance LiveIt's a rough day for two athletic retail companies. Nike's (NKE) fiscal third quarter earnings and revenue topped expectations, but a weak outlook and...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Athleisure Boom: Analysts bullish on Lululemon, cautious on NikeAthleisure is becoming the next big trend, with over 200 new brands entering the market since the COVID-19 pandemic. CFRA Research Analyst Zachary Warring...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Lululemon 'can't keep outgrowing market' when it's the leaderAthletic apparel brands Nike (NKE) and Lululemon (LULU) are falling Friday morning as the two stocks take a hit despite both companies topping their latest...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »