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. (LULU) is set to release its second-quarter earnings after the market closes today, following a drop of over 10% in its shares due to a lowered full-year profit outlook. The company now expects earnings of $12.77 to $12.97 per share, which is below Wall Street's estimate of $14.45.
📡️ Consumer Discretionary
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