- ‘Expensive taste without the expenses’: Minimum wage worker wears Lululemon, Versace, Apple AirPods Max to work The Daily Dot
- Money coach with 287K TikTok followers says she sees this savings error too much. MarketWatch
- Here’s what to know before turning to social media for tax advice CNBC
- ‘Cost of living in 2023 is so bad’: This woman on TikTok earns nearly $100K/year — but claims she was better off in 2012 making minimum wage. 3 simple ways deflate your budget Yahoo Finance
- The austerity influencers of TikTok: ‘I wanted to share the things I have given up’ The Guardian
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Tag Archives: Lululemon
Philly cops brawl with masked looters after they ransacked Footlocker, Apple and Lululemon before making TWENT – Daily Mail
- Philly cops brawl with masked looters after they ransacked Footlocker, Apple and Lululemon before making TWENT Daily Mail
- Philadelphia swarmed by alleged juvenile looters targeting the Apple Store, Lululemon, Footlocker and others Fox News
- LOOTING IN PHILADELPHIA: Police say 15 to 20 arrested after lawlessness in Center City 6abc Philadelphia
- Philadelphia looting: Large crowds break into Foot Locker, Apple and Lululemon stores in Center City WPVI-TV
- Looters strike Apple, Lululemon stores in Philadelphia — unrelated to Eddie Irizarry protests, cops say New York Post
Lululemon CEO who fired employees for confronting thieves stands by decision – Daily Mail
- Lululemon CEO who fired employees for confronting thieves stands by decision Daily Mail
- Lululemon CEO who fired employees for confronting thieves stands by decision: ‘It’s only merchandise’ New York Post
- Lululemon CEO Defends Firing Employees for Trying to Stop Robbery National Review
- Lululemon’s ‘Zero-Tolerance Policy’ sparks backlash, employees fired Hindustan Times
- Lululemon CEO stands by decision to sack staff for chasing thieves out of a store—and would do it again in the name of safety: ‘It’s only merchandise’ Fortune
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Stock Market Rallies On Micron, Alibaba, Lululemon, Ebbing Bank Fears: Weekly Review – Investor’s Business Daily
- Stock Market Rallies On Micron, Alibaba, Lululemon, Ebbing Bank Fears: Weekly Review Investor’s Business Daily
- Why Intel, Micron Technology, Qualcomm, and Other Semiconductor Companies Rallied on Wednesday Morning Nasdaq
- Stocks Set to Open Higher as Investors Await Key U.S. GDP Data, Bank Fears Continue to Ease Barchart
- Dow Jones Futures Rise As Market Rally Picks Up Steam; 10 Stocks Flashing Buy Signals | Investor’s Business Daily Investor’s Business Daily
- Wall Street gains with rosy outlooks from Micron, Lululemon Reuters
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Stocks making the biggest moves premarket: Lululemon, Paychex, Micron Technology and more – CNBC
- Stocks making the biggest moves premarket: Lululemon, Paychex, Micron Technology and more CNBC
- Dow Jones Futures Rise: Micron Comments Lift Chips; LULU Stock Jumps On Earnings | Investor’s Business Daily Investor’s Business Daily
- Stocks Firmly Higher, UBS CEO Returns, Micron Earnings, Jamie Dimon Deposition, Lululemon Soars – Five Things To Know TheStreet
- Lululemon, Micron and UBS rise premarket; Macy’s, Foot Locker fall By Investing.com Investing.com
- STOCK MARKET NEWS: UBS, Macy’s names CEO, Lululemon shares soar, Silicon Valley Bank hearings Fox Business
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Bed Bath & Beyond, Verizon, Lululemon and more
A pedestrian walks by a Bed Bath and Beyond store in San Francisco, California.
Justin Sullivan | Getty Images
Check out the companies making headlines before the bell.
Verizon — Verizon shares slipped 1.51% after the company posted mixed results for the 2022 fourth quarter. While earnings met analyst predictions, forward earnings fell short of a Refinitiv consensus estimate. .
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Bed Bath & Beyond — The meme stock gained 5.78%, building on its dramatic start to the year, even as the retailer warns of a potential bankruptcy. Year to date, Bed Bath & Beyond shares are up 17.1%.
Lyft — The ride-sharing stock gained 3.4% following an upgrade from KeyBanc, which Lyft should feel positive impacts from cost-saving measures including layoffs and a stabilization in demand.
Johnson & Johnson — Shares of the drug maker ticked higher by less than 1% premarket after the company reported mixed quarterly financial results. Johnson & Johnson beat profit estimates by 10 cents per share, excluding items, according to Refinitiv. It also missed revenue estimates. Its full-year outlook for earnings was slightly higher than estimates while its revenue forecast was about in line with estimates.
Blackstone — Shares rose 1.3% after JPMorgan upgraded Blackstone to overweight from neutral, saying the investment management firm is a “best in class” business that’s set for a soft landing.
Lululemon — The athleisure retailer fell 2.07% after Bernstein downgraded the stock, warning that a reset is coming for the apparel stock and noting the company is facing an inflection point in its growth.
Lockheed Martin — Lockheed Martin shares gained 1.52% after the company posted latest quarterly results. The defense company’s revenue came in at $18.99 billion, topping a Refinitiv forecast of $18.27 billion. Lockheed’s earnings per share also topped expectations.
AMD — The chip stock fell more than 2% in premarket after Bernstein downgraded the chipmaker to market perform from outperform. The Wall Street firm said the downgrade is due to the sliding computer and new parts demand in the inflationary environment.
— CNBC’s Alex Harring, Yun Li, Tanaya Macheel and Sarah Min contributed reporting
Netflix, Lululemon, DocuSign and more
SOPA Images | Lightrocket | Getty Images
Check out the companies making the biggest moves midday:
Lululemon — Shares of Lululemon fell 12% after the athletic apparel company gave a weaker-than-expected fourth-quarter outlook. In the third quarter, the company beat Wall Street’s expectations on the top and bottom lines.
related investing news
Beyond Meat — Beyond Meat’s stock dropped more than 8% after being downgraded by Argus to sell from hold. The firm’s analyst cited falling demand amid weaker economic conditions.
Broadcom — Broadcom gained 3.1% after giving an upbeat revenue forecast and reporting better-than-expected quarterly results after the bell Thursday. The chipmaker also increased its dividend by 12.2% and said it would resume stock buybacks.
Tesla — Tesla’s stock was up more than 4%, paring some of the losses it suffered this week. Reuters reported on Friday the electric-vehicle maker will suspend Model Y assembly at its Shanghai plant between Dec. 25 and Jan. 1. Inventory levels at the plant had risen sharply over the summer.
Carvana — Shares of Carvana rose 2% after lenders told The Wall Street Journal that they don’t anticipate the online car seller will file for bankruptcy soon. These debtholders are joining together amid reports earlier this week that the company is looking to restructure its debt, the paper said. Carvana had seen success during the pandemic, but rising interest rates and weaker car demand have hurt its performance.
Netflix — Netflix gained 5% after being named a “best idea” for 2023 by Cowen and being upgraded by Wells Fargo to overweight from equal weight. Cowen said it sees free-cash flow ramping up next year, while Wells Fargo said content growth would lessen customer churn.
RH — RH, formerly known as Restoration Hardware, rose 4.5% after reporting third-quarter earnings-per-share and revenue that beat expectations. However, the retailer also said it expected business trends to deteriorate.
Coinbase — Shares of the crypto services firm fell 2.6% after Mizuho downgraded Coinbase and said its price could fall another 30%. Crypto equities such as Coinbase have been under pressure with cryptocurrency prices, as investors digest the macro picture and the latest developments on FTX.
DocuSign — Shares of DocuSign jumped 16% after the electronic signature company posted upbeat quarterly results. It also reported better-than-expected billings, subscription renewals and additional sales to existing customers.
Costco — The wholesaler gained 1.6% after Cowen named the stock a “best idea” heading into 2023, noting the company’s focus on value could be a winning strategy as consumers get more price conscious.
AmerisourceBergen — AmerisourceBergen fell 2.7% after Walgreens sold about $1 billion shares of the drug distributor. Walgreens remains its largest shareholder, with its stake now down to 17% from 20%.
Vale — The Brazil-based mining company gained 3.5% after Morgan Stanley upgraded the stock to overweight from equal weight, citing a “cocktail” of positive catalysts such as price momentum for iron ore and China exiting its Covid-zero policy.
Bath & Body Works — Shares of Bath & Body Works gained rose 2.1% after activist investor Dan Loeb boosted his stake in the retailer. Loeb said he might push for board charge to improve governance issues at the company.
— CNBC’s Carmen Reinicke, Alexander Harring, Tanaya Macheel and Christina Cheddar-Berk contributed reporting.
Lululemon, Broadcom, Starbucks and more
Check out the companies making headlines before the bell:
Lululemon (LULU) – Lululemon rallied 9.5% in the premarket after reporting better-than-expected quarterly results and issuing an upbeat outlook. The athletic apparel and leisurewear maker said it continues to see strong sales momentum.
Broadcom (AVGO) – Broadcom rose 2% in premarket trading after quarterly earnings and revenue exceeded analyst forecasts. The chip maker also issued a stronger-than-expected revenue forecast for the current quarter. CEO Hock Tan said Broadcom expected strong demand across all its end markets to continue this quarter.
Starbucks (SBUX) – Starbucks named Laxman Narasimhan as its new chief executive officer. Narasimhan was most recently CEO of Lysol and Enfamil maker Reckitt Benckiser, and has served in executive positions at PepsiCo. Narasimhan will join Starbucks on October 1 as incoming CEO and take over for interim CEO Howard Schultz in April 2023.
Bed Bath & Beyond (BBBY) – The housewares retailer’s stock slid 5.5% in premarket trading, setting it up for a possible fourth straight negative session. Bed Bath & Beyond – popular among “meme stock” traders – unveiled a number of steps on Wednesday designed to shore up its finances.
PagerDuty (PD) – PagerDuty shares jumped 5.8% in premarket action following a better-than-expected quarterly report and strong guidance. The operations management software company saw a 7.1% increase in total paid customers compared with a year earlier and a 37.5% surge in the number of customers providing annual recurring revenue exceeding $100,000.
Shell (SHEL) – Shell CEO Ben van Beurden is preparing to step down next year, after nearly a decade in that job, according to two company sources who spoke to Reuters. The sources say the energy producer has identified four candidates to succeed van Beurden. Shell gained 1.4% in off-hours trading.
Beyond Meat (BYND) – Investment firm Baillie Gifford reported a 6.61% stake in the maker of plant-based meat alternatives as of August 31, compared with a 13.38% stake on December 31, 2021. Beyond Meat rose 1% in the premarket.
Rocket Lab USA (RKLB) – The space rocket company’s stock added 2.9% in premarket action after successfully test firing a reused Rutherford first stage engine for the first time. The Rutherford engine is a liquid propellant rocket engine designed and manufactured by Rocket Lab.
Turning Point Therapeutics, Lululemon, RH and others
Check out the companies making headlines before the bell:
Turning Point Therapeutics (TPTX) – The biopharmaceutical company’s shares more than doubled in premarket trading after agreeing to be acquired by Bristol Myers Squibb (BMY) for $76 per share in cash, or $4.1 billion. Turning Point specializes in cancer treatments.
Lululemon (LULU) – Lululemon shares rose 1% in premarket trading after the athletic apparel and leisurewear maker reported a better-than-expected quarter and raised its full-year forecast. Lululemon beat estimates by 5 cents with a quarterly profit of $1.48 per share, amid continued strong demand for premium sportswear.
RH (RH) – RH slipped 4% in the premarket after the luxury home goods company issued a weaker-than-expected revenue outlook for the full year. RH reported better-than-expected profit and sales for its latest quarter and announced a $2 billion expansion of its stock buyback program.
CrowdStrike (CRWD) – CrowdStrike fell 4.3% in premarket action even though the cybersecurity company posted better-than-expected results for its latest quarter and issued an upbeat outlook. CrowdStrike stock had surged 7.8% Thursday ahead of the earnings report.
Kohl’s (KSS) – Kohl’s shares rallied 7.3% in premarket trading after the Wall Street Journal reported that the retailer received takeover bids from private equity firm Sycamore Partners and retail holding company Franchise Group. Sycamore’s bid is said to value Kohl’s in the mid-$50s per share, while Franchise Group is offering about $60. Kohl’s had closed Thursday at $41.18.
Tesla (TSLA) – Tesla shares slid 4.7% in the premarket following a report that CEO Elon Musk ordered an immediate hiring freeze and a 10% reduction in staff. The order came in a memo seen by Reuters, which quoted Musk as saying he feels “super bad” about the economy.
Coinbase (COIN) – Coinbase is extending a hiring freeze and rescinding some job offers that had been accepted. The cryptocurrency exchange operator said in a blog post that it would pause hiring for “as long as this macro environment requires.” Coinbase fell 3.7% in premarket trading.
Alaska Air (ALK) – The airline boosted its current-quarter revenue outlook, saying it is experienced sustained strong demand. Alaska Air also said stronger revenue is offsetting higher costs for fuel. The stock added 1% in the premarket.
Okta (OKTA) – The identity management software company’s stock surged 15.6% in the premarket after it reported better-than-expected results for its fiscal first quarter. Okta said it is not seeing any impact from the security breach of its systems in March, nor from macroeconomic conditions. The premarket surge in Okta shares follows a nearly 11% gain in Thursday’s trading.
Chegg (CHGG) – The education technology company’s shares rallied 6.3% in premarket trading after it announced a $1 billion increase in its share repurchase program.
PagerDuty (PD) – The cloud computing company reported better-than-expected revenue for its latest quarter and a smaller-than-expected loss. The company also anticipates it will report an annual profit next year. PagerDuty added 3.2% in the premarket.
Twitter, Macy’s, Nvidia, Lululemon and more
A Lululemon sign hangs in front of their store at the Woodbury Commons Premium Outlets shopping mall on November 17, 2019 in Central Valley, New York.
Gary Hershorn | Corbis News | Getty Images
Check out the companies making headlines in midday trading Thursday.
Macy’s — Shares jumped 17.8% after the department store chain reported better-than-expected quarterly results and raised its profit guidance. Macy’s got a boost from shoppers who are snapping up apparel and other goods regardless of rising prices.
Twitter — Twitter shares jumped more than 5% after Elon Musk increased his commitment in his takeover bid to $33.5 billion. Analysts have said the move indicates a new seriousness by the Tesla CEO and increased probability that he’ll complete the deal, which has been mired in controversy since Musk proposed it in May.
Lululemon — Shares of the athleisure company jumped 10.8% after Morgan Stanley upgraded Lululemon to overweight and said its well-positioned to perform well, even as a recession looms.
Nvidia — The chipmaker’s stock gained 5.6% after falling earlier in the session. It came as Nvidia issued weaker-than-expected guidance for the current quarter and said it plans to slow hiring.
Broadcom — Broadcom’s stock gained 4.2% after the semiconductor company shared its plan to buy VMware in a $61 billion cash and stock deal. The acquisition would mark one of the largest technology deals in history.
Dollar Tree — The discount retailer soared 22.3% after posting quarterly earnings and revenue that beat analyst expectations. Dollar Tree reported earnings per share of $2.37 on revenues of $6.9 billion. Analysts anticipated earnings of $2.00 a share on $6.76 billion in revenue, according to Refinitiv.
Kraft Heinz — The food and beverage company fell 6.2% after UBS downgraded the stock of fears of rising inflation and competition from private labels.
Alibaba — Alibaba shares surged 14.8% following the release of better-than-expected results for the previous quarter. The Chinese e-commerce giant reported fiscal fourth-quarter earnings of CNY7.95 per share, excluding items, on revenues of CNY204.05 billion. Analysts had anticipated earnings of CNY7.31 a share on CNY199.25 billion in revenue, according to StreetAccount.
Dollar General – The discount retailer’s shares rallied more than 14% on the back of stronger-than-forecast quarterly figures. Dollar General posted first-quarter earnings of $2.41 per share on revenue of $8.75 billion. Analysts had expected a profit of $2.31 per share on revenue of $8.7 billion, according to the Refinitiv consensus.
Williams-Sonoma — The home furnishing retailer bounced 14.1% following a beat on revenue and earnings for the previous quarter. Williams-Sonoma also reiterated its guidance for the year.
Nutanix — The cloud company tumbled 21.9% after issuing weak guidance. Nutanix also said it’s facing supply chain issues that have hit hardware partners.
Medtronic – Shares of the medical device fell more than 4% after a weaker-than-expected report for the fiscal fourth quarter. Medtronic reported $1.52 in adjusted earnings per share on $8.09 billion of revenue. Analysts surveyed by Refinitiv were expecting $1.56 per share and $8.43 billion in revenue. Medtronic said supply chain issues weighed on results for the quarter.
— CNBC’s Tanaya Macheel, Hannah Miao, Sarah Min and Jesse Pound contributed reporting