The Latest Breaking News from Lululemon Athletica Inc

Lululemon Athletica Inc (NASDAQ: LULU) reported revenues of $1.61 billion, ahead of the consensus estimate of $1.53 billion, and earnings of $1.48 per share, exceeding Street expectations of $1.43 per share.

BMO Capital cut Lululemon Athletica Inc. (NASDAQ: LULU) price target from $344 to $304. Lululemon shares fell 0.2% to $302.00 in pre-market trading.

Xponential Fitness Inc (NYSE:XPOF) has partnered with Lululemon Athletica Inc (NASDAQ:LULU) to create original fitness programming for the Mirror, the retailer's smart home gym offering. Four of Xponential's brands, AKT, Pure Barre, Rumble, and YogaSix, will provide workouts for the gym. Also Read: Xponential Fitness Launches New Digital Platform Xponential brand workouts will officially roll out…

Lululemon Athletica Inc (NASDAQ:LULU) plans to double its 2021 revenue of $6.25 billion to $12.5 billion by 2026. The company also plans to double men's and digital revenues and quadruple international revenues relative to 2021. Lululemon expects its women's business and North American operations to generate low double-digit compound annual growth rates (CAGR)…

Lululemon Athletica Inc's (NASDAQ:LULU) short percent of float has fallen 3.48% since its last report. The company recently reported that it has 2.50 million shares sold short, which is 2.22% of all regular shares that are available for trading.

Shares of retail and apparel companies, including Lululemon Athletica Inc (NASDAQ: LULU), are trading higher amid overall market strength as investors react to March inflation data.

Lululemon Athletica Inc (NASDAQ:LULU) is expanding lululemon Like New, its trade-in and resale program nationwide. Starting on Earth Day, April 22, lululemon Like New will be available to all guests across the U.S. The program reinvests 100% of profits to support lululemon's Impact Agenda, including making 100% of products with sustainable materials…

Shares of Lululemon Athletica Inc (NASDAQ: LULU) have lost more than 14% year-to-date.

Lululemon Athletica Inc's (NASDAQ:LULU) short percent of float has risen 9.0% since its last report. The company recently reported that it has 2.59 million shares sold short, which is 2.3% of all regular shares that are available for trading.