Lululemon athletica designs and retails technical athletic apparel, footwear, and accessories, employing 38,000 staff and operating globally. Founded in 2007, it offers products for various athletic activities and connected fitness subscriptions.
LULU has been in the news recently: Lululemon Athletica Inc. is facing challenges with flat sales in North America over the past seven quarters, prompting Chip Wilson to stress the need for improvement. The company anticipates fiscal Q4 revenue of $3.58 billion and earnings of $4.78 per share.
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