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Tesla Accepting Bitcoin Inspired This Major Company To Move Into Web3
Saturday, March 4, 2023 - 6:14pm | 779Many major companies have launched plans or explored entering the world of Web3. One of the largest apparel companies credits an interest in Bitcoin by Elon Musk as being the inspiration for its Web3 aspirations. What Happened: Electric vehicle giant Tesla Inc (NASDAQ: TSLA) shocked many when it...
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If You Invested $1,000 In Crocs Stock When It Launched Justin Bieber Shoes, Here's How Much You'd Have Now
Monday, February 20, 2023 - 2:53pm | 639When it comes to companies collaborating with famous people, some are all for it, others will pass all the time and others might be hesitant to never say never. One footwear company partnered with Justin Bieber in 2020 and its shareholders might now be saying it’s too late now to say sorry to...
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Why Lululemon Is In 'Penalty Box' In Short Term, But Remains One Of The 'Highest Quality Companies' Globally: 3 Analysts On Retailer's Guidance
Tuesday, January 10, 2023 - 12:12pm | 616Athletic apparel company Lululemon Athletica (NASDAQ: LULU) provided new guidance Monday ahead of the ICR Conference. The retailer sees fourth-quarter revenue coming in ahead of previously announced estimates, but the earnings per share range was tightened on margin concerns. Analysts are...
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Lululemon 'Paid' You To Buy December Dip As Gross Margins Tank Stock: Why Analysts Remain Bullish After Q3
Friday, December 9, 2022 - 12:29pm | 727Athletic apparel company Lululemon Athletica (NASDAQ: LULU) reported third-quarter financial results Thursday after market close. Analysts are updating their takes on the company after the earnings report and guidance for the fourth quarter. The Lululemon Analysts: Bank of America analyst Lorraine...
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'Just Don't Do It': Analysts Slash Nike Price Targets Citing Inventory, China Concerns
Friday, September 30, 2022 - 10:57am | 648Footwear and apparel company Nike Inc. (NYSE: NKE) beat Street estimates for revenue and earnings per share in the first quarter, but saw shares fall sharply Thursday after market close. Investors and analysts now have some major concerns after the latest report. The Nike Analysts Morgan Stanley...
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Nike Q1 Earnings Highlights: Revenue And EPS Beat, Investors Pull Back On Inventory, China Concerns
Thursday, September 29, 2022 - 4:34pm | 463Apparel and footwear company Nike Inc (NYSE: NKE) reported first-quarter financial results after market close Thursday. Here are the key highlights for Nike investors. What Happened: Nike reported first-quarter revenue of $12.7 billion, up 4% year-over-year. The total came in ahead of a Street...
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Grand Slam Or Double Fault? Here's How Much $1,000 Invested In Nike Stock When Serena Williams Signed Would Be Worth Today
Wednesday, September 7, 2022 - 9:10am | 738Tennis legend Serena Williams announced her planned retirement earlier this year. With a loss in the 2022 U.S. Open, Williams will now walk away from the sport as one of the greatest of all time to ever play the game. What Happened: Williams and sister Venus Williams dominated the sport of...
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Lululemon Shines In Tough Apparel Sector, Analysts Say: 'Execution At Its Finest'
Friday, September 2, 2022 - 1:14pm | 596Lululemon Athletica (NASDAQ: LULU) reported second-quarter financial results after the market closed Thursday. Here’s what analysts are saying about the apparel and footwear company. The Analysts: Bank of America analyst Lorraine Hutchinson has a Buy rating and a price target of $400....
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After-Hours Alert: Why Lululemon Shares Are Taking Off
Thursday, September 1, 2022 - 5:03pm | 443Apparel and footwear company Lululemon Athletica Inc (NASDAQ: LULU) reported second-quarter financial results after market close Thursday. Here are the key highlights for investors. What Happened: Lululemon reported second-quarter revenue of $1.9 billion, up 29% year-over-year. The revenue total...
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Nike's Fourth Quarter 'Not As Bad As Feared': Why 3 Analysts Are Lowering Price Targets
Tuesday, June 28, 2022 - 11:02am | 544Apparel and footwear company Nike Inc. (NYSE: NKE) reported fourth quarter earnings Monday after market close. Analysts size up the company’s revenue and eps beats with a cautious approach given gross margin and China business concerns. The Nike Analysts: Wells Fargo analyst Kate Fitzsimons...
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Nike Q4 Earnings Highlights: Sales And EPS Beat, Nike Direct Sales Up 7%, New Share Buyback And More
Monday, June 27, 2022 - 4:38pm | 445Apparel and footwear company Nike Inc (NYSE: NKE) reported fourth-quarter and full fiscal year earnings Monday after the market close. Here are the key highlights for investors. What Happened: Nike reported fourth-quarter revenue of $12.2 billion, a decline of 1% year-over-year. The revenue total...
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Lululemon Q1 Earnings Highlights: Revenue And EPS Beat, North America Sales Up 32%, Guidance And More
Thursday, June 2, 2022 - 4:59pm | 396Lululemon Athletica Inc (NASDAQ: LULU) reported first-quarter financial results after market close Thursday. Here are the key highlights. What Happened: Lululemon reported first-quarter revenue of $1.61 billion, up 32% year-over-year and ahead of the $1.53 billion consensus estimate, according to...
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Under Armour Announces CEO Transition: What Investors Should Know
Wednesday, May 18, 2022 - 5:09pm | 380Shares of apparel and footwear company Under Armour Inc (NYSE: UA) (NYSE: UAA) fell after hours Wednesday on the heels of an announcement the company’s CEO was stepping down. What Happened: Under Armour announced Wednesday that CEO Patrik Frisk is stepping down from his role of CEO, president...
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Adidas NFT Holders To Get Free Merchandise Airdrop: Here's The Details
Friday, April 29, 2022 - 10:19am | 561A leading apparel company that has pushed into NFTs and the metaverse is rewarding holders with physical merchandise. Here’s how NFT holders can get their own apparel. What Happened: Apparel company Adidas AG (OTC: ADDYY) announced details for a physical merchandise drop for holders of the...
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Lululemon Signs First Golfer And You Won't Believe Who It Is
Tuesday, April 19, 2022 - 11:06am | 606This apparel company is well-known for yoga pants and appealing to women. Could the company’s entry into golf and men’s apparel get a push with the addition of a new brand ambassador? What Happened: Lululemon Athletica Inc (NASDAQ: LULU) recently launched a line of golf apparel in its...