, opens new tab shares tumbled 8% on Friday after the Air Jordan maker warned of lower sales in its first half as it replaces older styles with trendier sneakers, while Lululemon Athletica (LULU.O ...
Nike shares tumbled 7% on Friday after the Air Jordan maker warned of lower sales in its first half as it replaces older styles with trendier sneakers, while Lululemon Athletica sank 16% as ...
With $51.6 billion in trailing-12-month sales and an iconic, globally recognized brand, Nike (NYSE: NKE) is certainly familiar to most investors. Its dominance in the sports apparel and footwear ...
Lululemon has pricing power and is growing quickly thanks to its popularity. Nike, on other hand, has faced more challenges with no obvious solution. Both businesses have warned about slowing ...
Investing.com -- FedEx surprised with strong earnings growth, while Nike warned of a revenue dip, resulting in differing stock performances. Apple faces a antitrust lawsuit, yet Wall Street looks ...
The apparel and footwear sectors are active after both Nike (NYSE:NKE) and Lululemon Athletica (NASDAQ:LULU) reported earnings late on Thursday. While Nike (NKE) warned of a short-term revenue dip ...
Lululemon has partnered with Team Canada to come up with the country's Olympics kit, making sure stars 'feel their best' this summer, a day after Nike was slammed for skimpy track and field ...
Thursday witnessed a positive trend in U.S. stocks as the Dow Jones Industrial Average concluded 0.7% higher at 39,781.37, while the S&P500 saw a 0.3% increase, reaching 5,241.53. Similarly, the ...
Wall Street has put both Nike (NYSE: NKE) and Lululemon Athletica (NASDAQ: LULU) stocks on the discount shelf this year. The retailers are down 14% and 24% in 2024, respectively, even as the S&P ...