Oppenheimer Remains Bullish on Lululemon Athletica (LULU) Following Solid 1Q Report
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lululemon athletica inc. Announces Participation in the Jefferies 2016 Consumer Conference
June 9, 2016 6:30 AM EDTVANCOUVER, British Columbia--(BUSINESS WIRE)-- lululemon athletica inc. (NASDAQ: LULU) today announced that the Company will be presenting at the Jefferies 2016 Consumer Conference held at the White Elephant in Nantucket, Massachusetts on Wednesday, June 22, 2016 at 9:00 am Eastern Daylight Time. Stuart Haselden, Chief Financial Officer will... More
lululemon athletica inc. Announces First Quarter Fiscal 2016 Results
June 8, 2016 6:00 AM EDTVANCOUVER, British Columbia--(BUSINESS WIRE)-- lululemon athletica inc. (NASDAQ: LULU) today announced financial results for the first quarter ended May 1, 2016.
For the first quarter ended May 1, 2016:
Net revenue increased by 17% to $495.5 million from $423.5 million in the first quarter of fiscal 2015, or increased by 19% on a constant dollar basis. Total comparable sales, which includes comparable store sales and direct to consumer, increased by 6%, or by 8% on a constant dollar basis. Comparable store sales increased by 3%, or by 5% on a constant dollar basis.... Morelululemon Founder Chip Wilson Critical of Board’s Adoption of “Virtual” Annual Meeting in Op-Ed Published by Globe And Mail
June 7, 2016 2:59 PM EDTSays Connectivity and Alignment with Shareholders Should Be Valued
VANCOUVER, British Columbia--(BUSINESS WIRE)-- The following op-ed written by Chip Wilson, founder and largest shareholder of lululemon athletica inc. (NASDAQ: LULU) criticizing lululemons virtual annual meeting, was published today by the Globe And Mail:
LULULEMONS ANTI-SHAREHOLDER MEETING
By Chip Wilson
The contrast is startling. Two great businesses. Two corporate leaders in their respective markets; each operating in a competitive and disrupted environment. Two companies brought to life by... More
