Barclays Reiterates Equalweight Rating on Lululemon Athletica Inc. (LULU)

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JPMorgan Reiterates Overweight Rating on Lululemon Athletica Inc. (LULU)

May 22, 2024 5:40 AM EDT

JPMorgan analyst Matthew Boss reiterated an Overweight rating and $531.00 price target on Lululemon Athletica Inc. (NASDAQ: LULU).

The analyst comments "Effective immediately, Jonathan Cheung, Global Creative Director, will report to CEO Calvin McDonald (vs. directly reporting into S. Choe) and will drive the... More

lululemon athletica (LULU) Announces Evolved Structure of Product and Brand Teams

May 21, 2024 4:56 PM EDT

lululemon athletica inc. (NASDAQ: LULU) today announced it is implementing an updated and more integrated organizational structure, in conjunction with the departure of Sun Choe, Chief Product Officer, who has resigned and will leave the company later this month to pursue another opportunity.

The strategic organizational changes are intended to support the companys near- and long-term growth plans, accelerate product innovation, and further... More