All Calvin McDonald articles
-
ArticleLululemon cuts guidance as China remains strong but US slows
Lululemon grew internationally in Q3 but US sales declined again. The company cut FY25 guidance and announced a CEO transition.
-
ArticleLululemon drops FY outlook on more ‘cautious consumer landscape’
Canadian clothing company Lululemon Athletica’s Q2 missed expectations, driven by non-US markets and men’s sales. Despite a rise in margins, the brand lowered its annual outlook.
-
ArticleLululemon eyes men’s, footwear as key growth opportunities
Lululemon, which last week called its early holiday sales “strong” and forecasted total Q4 revenues of $3.14 to $3.17 billion, intends to put extra attention on the men’s business and launch footwear for him in 2024. While the brand’s Q3 men’s sales increased by 15 percent, the group admitted men’s ...