Lululemon, Ulta Beauty earnings: What's happening in retail?

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 49 sec. here
  • 6 min. at publisher
  • 📊 Quality Score:
  • News: 37%
  • Publisher: 63%

Ulta Beauty News

Lululemon,Earnings Results,Adjusted Earnings

Athleisure clothing brand Lululemon (LULU) and consumer cosmetics company Ulta Beauty (ULTA) have both lowered their full-year 2024 guidance in their latest ...

in their latest earnings results. Initially moving higher in Friday's pre-market trading, Lululemon shares have since ticked down in regular trading hours.: $2.37 billion in revenue , and adjusted earnings of $3.15 per share . Ulta's earnings saw $2.55 billion in revenue and adjusted earnings of $5.30 per share .That earnings call yesterday, uh, Lululemon lowering its guidance and posting its first revenue miss in almost two years.

Brad do not like to hear, uh, people taking to tiktok saying they do not like their $150 pants because their butt is getting flat.They will likely stay in the penalty box today.

Overall, I think Alta has a lot of proving to do with that October investor day to get the excitement back, uh, on the street despite Warren Buffett, uh, really backing the company.

Fisheries and Oceans Canada conducts second roadside inspection blitz to prevent the spread of Zebra Mussels The Smart Greenhouse Market is driven by the growing need for sustainable agriculture, advancements in IoT and AI technologies, and increasing demand for food security. Automated climate control and resource efficiency attract investments, boosting market growth. However, high initial setup costs, complex technology integration, and a lack of skilled labor are significant restraints. Additionally, concerns about data privacy and cybersecurity can also hinder market expansion.

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:

 /  🏆 47. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

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

Ulta Beauty reports disappointing earnings after Warren Buffett's Berkshire Hathaway takes stakeAs investors pull back on the beauty retailer, Berkshire Hathaway is buying in.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »