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Lululemon


Wiadomości

Zalando to open tech site in China; no current plans to enter the market

Zalando to open tech site in China; no current plans to enter the market By Linda Pasquini Aug 6 (Reuters) - Zalando ZALG.DE said on Tuesday it would open a new tech site in China's tech-hub Shenzhen, but it was not planning to expand its marketplace to China at this point in time. The Chinese tech centre would allow the German online fashion retailer to tap into local expertise in social commerce and integrate that with the company's knowledge of the European e-commerce market, finance chief Sa
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Zalando's profit boosted by sports, beauty, better inventories

UPDATE 3-Zalando's profit boosted by sports, beauty, better inventories Q2 adjusted profit up 18.5% to 171.6 mln euros Double-digit percentage growth in sports helps sales Expects growth to accelerate in second half CFO will not renew current contract beyond term Shares jumped as much as 7% in early trading Updates share move in paragraph 1 and 6, adds CFO comments from media call.
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Simon Property Group lowers annual forecast for net income, misses second-quarter FFO

Simon Property Group lowers annual forecast for net income, misses second-quarter FFO Aug 5 (Reuters) - Simon Property Group SPG.N lowered annual forecast for net income and missed second-quarter estimates for funds from operations (FFO) on Monday. Demand for Real Estate Investment Trusts (REITs), like Simon Property, faltered as inflation-weary consumers kept a tight lid on spending and pressured expansion plans of real estate tenants such as restaurants and retailers.
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U.S. STOCKS Intel, Guardant, Ventas

BUZZ-U.S. STOCKS ON THE MOVE-Intel, Guardant, Ventas Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 The Nasdaq Composite was on track to fall into a correction in a Wall Street battering after Friday's weak jobs numbers deepened worries of a slowdown in the U.S.
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US apparel firms' shares sell of amid broader market rout

BUZZ-US apparel firms' shares sell of amid broader market rout ** Shares of U.S. apparel firms slip between 4% to 7% in afternoon trading ** Tech-heavy Nasdaq .IXIC index on track to fall into a correction in a Wall Street battering after Friday's weak jobs numbers deepened worries of a slowdown in the U.S. economy, while Amazon.com AMZN.O and Inte
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Nasdaq top and bottom performing stocks at about 03:45 p.m. EDT

BUZZ - Nasdaq top and bottom performing stocks at about 03:45 p.m. EDT Nasdaq 100 .NDX Top Performers Percent Change Atlassian Corp TEAM.OQ +7.4% Old Dominion Freight Line Inc ODFL.OQ +5.8% MongoDB Inc MDB.OQ +5.7% O'Reilly Automotive Inc ORLY.OQ +4.3% Gilead Sciences Inc GILD.OQ +4.0% Bottom Performers Percent Change Lululemon Athletica Inc LULU.OQ -8.2% Warner Bros Discovery Inc WBD.OQ -5.4% Honeywell International Inc HON.OQ -4.9% Arm Holdings PLC ARM.OQ -4.6% Booking Holdings Inc BKNG.OQ -3.
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Nasdaq top and bottom performing stocks at about 12:01 p.m. EDT

BUZZ - Nasdaq top and bottom performing stocks at about 12:01 p.m. EDT Nasdaq 100 .NDX Top Performers Percent Change Atlassian Corp TEAM.OQ +6.9% MongoDB Inc MDB.OQ +6.1% Old Dominion Freight Line Inc ODFL.OQ +6.1% O'Reilly Automotive Inc ORLY.OQ +4.8% Workday Inc WDAY.OQ +4.6% Bottom Performers Percent Change Lululemon Athletica Inc LULU.OQ -7.4% Warner Bros Discovery Inc WBD.OQ -5.7% Honeywell International Inc HON.OQ -4.3% Booking Holdings Inc BKNG.OQ -2.8% Airbnb Inc ABNB.OQ -2.7% The Nasdaq
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Lululemon dips after brokerages cut PTs on tough demand backdrop

BUZZ-Lululemon dips after brokerages cut PTs on tough demand backdrop ** Shares of yogawear maker Lululemon Athletica LULU.O down ~3% at $264 premarket ** Brokerage Citi cuts rating on LULU to "neutral" from "buy" and J.P. Morgan removes stock from its analyst focus list ** Citi says slowdown in athletic wear tough to outrun for LULU, with co's execution mistakes creating more of a challenge ** "After three years of exceptionally strong growth in the active apparel market, particularly in the US
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U.S. STOCKS PNC Financial, US homebuilders, Johnson & Johnson

BUZZ-U.S. STOCKS ON THE MOVE-PNC Financial, US homebuilders, Johnson & Johnson Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 Rate-sensitive small-cap stocks led Wall Street higher on Tuesday after retail sales data did little to dampen hopes of a September rate cut, while UnitedHealth's results lifted the Dow to a record high.
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US sportswear companies up after Adidas raises FY24 earnings forecast

BUZZ-US sportswear companies up after Adidas raises FY24 earnings forecast ** Shares of U.S. sportswear companies and retailers up in afternoon trading after German peer Adidas ADSGn.DE raises 2024 earnings forecast ** Shares of Nike NKE.N and Under Armour UAA.N were up ~2%, while VF Corp shares were up ~3% ** Lululemon Athletica LULU.O shares were
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Nasdaq top and bottom performing stocks at about 03:45 p.m. EDT

BUZZ - Nasdaq top and bottom performing stocks at about 03:45 p.m. EDT Nasdaq 100 .NDX Top Performers Percent Change Charter Communications Inc CHTR.OQ +4.1% Baker Hughes Co BKR.OQ +4% Fastenal Co FAST.OQ +3.9% Diamondback Energy Inc FANG.OQ +3.7% Paychex Inc PAYX.OQ +2.7% Bottom Performers Percent Change Dollar Tree Inc DLTR.OQ -3.4% Biogen Inc BIIB.OQ -3.4% PDD Holdings Inc PDD.OQ -2.8% Lululemon Athletica Inc LULU.OQ -2.7% Starbucks Corp SBUX.OQ -2.5% The Nasdaq 100 .NDX gained 39.49 points,
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Deckers falls as analysts flag tougher June trends; drags down footwear peers

BUZZ-Deckers falls as analysts flag tougher June trends; drags down footwear peers Updates ** Shares of footwear maker Deckers Outdoor DECK.N down as much as 9.2% at $853.07; on track for their worst day since March 2020 ** BofA analyst Christopher Nardone says UGG boots maker will see a strong Q1 but business t o get tougher Q2 onward ** M Science says its U.S.
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Deckers tumbles as BofA flags tougher competition from Q2

BUZZ-Deckers tumbles as BofA flags tougher competition from Q2 ** Footwear maker Deckers Outdoor shares DECK.N sink as much as 9.2% at $853.07, on track for their worst day since March 2020 ** BofA analyst Christopher Nardone says UGG boots maker will see a strong Q1 but business gets tougher from Q2 onward ** DECK is the biggest decliner on S&P 50
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Adidas set to benefit as Nike struggles

RPT-PREVIEW-Adidas set to benefit as Nike struggles Repeats JULY 9 story. No change to text 'Terrace' trend, Nike's weakness seen helping growth Newer brands gain ground in running, niche categories Euro 2024 soccer tournament also seen boosting demand By Linda Pasquini July 10 (Reuters) - The success of Adidas' ADSGn.DE low-rise multi-coloured Samba and Gazelle sneakers, along with weaker sales at rival Nike, should help the German sportswear brand deliver strong second-quarter sales and its bi
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Adidas set to benefit as Nike struggles

PREVIEW-Adidas set to benefit as Nike struggles 'Terrace' trend, Nike's weakness seen helping growth Newer brands gain ground in running, niche categories Euro 2024 soccer tournament also seen boosting demand By Linda Pasquini July 9 (Reuters) - The success of Adidas' ADSGn.DE low-rise multi-coloured Samba and Gazelle sneakers, along with weaker sales at rival Nike, should help the German sportswear brand deliver strong second-quarter sales and its biggest profit margin in three years.
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Nike hits over four-year low after surprise FY25 revenue drop forecast

BUZZ-Nike hits over four-year low after surprise FY25 revenue drop forecast Updates ** Shares of Nike NKE.N , the world's largest sportswear maker, plunge as much as 20.6 % t o $7 4.76, their lowest since March 2020 ** The stock is on track for its worst day, if losses hold ** The company forecast a surprise drop in FY25 revenue, hurt by weakening
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Nike hits over four year low after forecasting surprise revenue drop

BUZZ-Nike hits over four year low after forecasting surprise revenue drop Updates ** Shares of the world's largest sportswear maker, Nike NKE.N , plunge as much as 18.5 % t o $7 6.71 - lowest since March 2020 ** If losses hold, stock set for worst day since Feb. 2001 ** Co forecasts a surprise drop in FY25 revenue, hurt by weakening demand for its
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Nike stock plunges as gloomy sales forecast fans growth concerns

UPDATE 6-Nike stock plunges as gloomy sales forecast fans growth concerns Updates shares in paragraph 1 and 6, adds analyst comments in paragraphs 4, 7, 13 By Ananya Mariam Rajesh and Juveria Tabassum June 28 (Reuters) - Nike's NKE.N stock slumped 20% on Friday as a forecast for a surprise drop in annual sales amplified investor concerns about the pace of the sportswear giant's efforts to stem market share losses to upstart brands such as On and Hoka.
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Nasdaq top and bottom performing stocks at about 03:45 p.m. EDT

BUZZ - Nasdaq top and bottom performing stocks at about 03:45 p.m. EDT Nasdaq 100 .NDX Top Performers Percent Change Autodesk Inc ADSK.OQ +5.0% Trade Desk Inc TTD.OQ +4.7% Intuit Inc INTU.OQ +4.1% Tesla Inc TSLA.OQ +4.1% Cadence Design Systems Inc CDNS.OQ +3.4% Bottom Performers Percent Change Exelon Corp EXC.OQ -3.8% Illumina Inc ILMN.OQ -3.3% T-Mobile US Inc TMUS.OQ -3.1% Warner Bros Discovery Inc WBD.OQ -3.0% Lululemon Athletica Inc LULU.OQ -3.0% The Nasdaq 100 .NDX gained 215.29 points, or 1
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Nasdaq top and bottom performing stocks at about 12:01 p.m. EDT

BUZZ - Nasdaq top and bottom performing stocks at about 12:01 p.m. EDT Nasdaq 100 .NDX Top Performers Percent Change Trade Desk Inc TTD.OQ +5.5% Autodesk Inc ADSK.OQ +5.1% Intuit Inc INTU.OQ +5.1% Tesla Inc TSLA.OQ +5.1% Apple Inc AAPL.OQ +4.5% Bottom Performers Percent Change T-Mobile US Inc TMUS.OQ -3.5% Monster Beverage Corp MNST.OQ -2.4% PayPal Holdings Inc PYPL.OQ -2.4% Exelon Corp EXC.OQ -2.1% Lululemon Athletica Inc LULU.OQ -1.8% The Nasdaq 100 .NDX gained 264.95 points, or 1.38%, to 19,4
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