|Bid||363.70 x 100000|
|Ask||364.90 x 100000|
|Day's Range||361.75 - 363.55|
|52 Week Range||272.20 - 376.25|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Earnings Date||Dec 06, 2023 - Dec 11, 2023|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
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Lululemon is now including Peloton's service in memberships, providing Peloton with further scale for its fitness content.
Premium activewear brand Lululemon Athletica (NASDAQ: LULU) has changed the way people view and wear gym clothing, contributing to the rise and normalization of athleisure. Its most recent product launch is an under-the-radar collection that could completely change its underlying business. Let's see what Lululemon is doing and why investors should sit up and take notice.
On Thursday, Nike Inc (NYSE: NKE) reported fiscal first-quarter revenue that missed Wall Street’s revenue expectations for the first time in two years while beating earnings and gross margin expectations. Although it continues to pursue its DTC strategy, Nike reestablished its wholesale partnerships with Macy’s Inc (NYSE: M) and Designer Brands Inc (NYSE: DBI) to clear excess inventories while stating it is in the process of resetting its business with Foot Locker Inc (NYSE: FL). Also this week,