Lululemon, Take Heart: 3 Companies That Bounced Back
Lululemon took a hit after a fiasco with see-through yoga pants. But it's not the first company to make -- or bounce back from -- a potentially destructive mistake.
Lululemon Athletica
Bullishness from 2 Investment Banks; Lululemon Recall
Goldman Sachs expects the S&P index to hit 1625 this year, and Morgan Stanley (MS) raised its target to 1600. Both had been pretty bearish on the market. The S&P closed yesterday at 1552.
S&P 500 Index Closes at a Five-Year High
The S&P 500 closed at 1,466 Friday, the highest since Dec. 31, 2007, before the financial crisis. That's a gain of seven points on the day.
Will John Galt Bag Backlash Squeeze Lululemon?
High-end yoga retailer lululemon athletica has been offering tote bags emblazoned with the phrase "Who is John Galt?" Apparently, the answer is: Someone yoga practitioners are ready to boycott. Seems Ayn Rand's selfish Objectivism doesn't mix well with lululemon's customer base.
Skip the $100 Yoga Pants, Buy Lululemon Stock
The upscale retailer of fashionable fitness apparel came through with another monster quarter this morning. Net revenue soared 39% to $212.3 million, backed by strong consumer-direct sales, brisk expansion, and a stunning 20% spike in comparable-store sales. Earnings grew even faster, climbing 76% to $38.4 million.
Watch to Watch This Week on Wall Street
There's never a dull moment on Wall Street -- now more than ever! From homebuilder earnings to yoga pants to Netflix's stock, here are a few items that will help shape the week ahead.
Can Athleta Give Gap a Much-Needed Win?
Athleta, a women's sportswear merchant that the Gap bought in 2008, opened its first two East Coast stores in New York this week. At a time when 200 Gap stores are closing, Athleta is sprinting toward its goal of 50 stores by 2013. But can it beat out its fast-growing competitors?
Hot Stocks for a Cool Market: lululemon athletica
Yoga and fitness apparel specialist lululemon athletica has earned the awe of stock watchers and customers alike. While the general market has gained a respectable 5% in 2011, lululemon is up more than 70%. Looking five to 10 years down the road, this could become one of the world's great athletic brands.
The Clever Newbies Bucking Retail's Downturn
Amid all the chain-store carnage, some smaller merchants are trying to attract shoppers with new concepts, from textbook rentals to made-to-order pants. And many are finding success in a bruising economic environment.
Lululemon Leaps on Beat-and-Raise Profits
Shares in Lululemon Athletica rallied sharply Friday after the maker of yoga-inspired athletic apparel reported better-than-expected second-quarter earnings and raised its full-year outlook.