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Lululemon Athletica shares fell 8% Friday morning to their lowest level since 2018 after the company reported another quarterly decline in U.S. sales and cut its outlook for the year. Executives said some product launches, including a new line of yoga apparel, have fallen short of the company’s expectations. "The edge that Lululemon once had in releasing collections that were interesting, innovative, and on trend has disappeared," wrote Neil Saunders, managing director of research firm GlobalData.

The athletic retailer’s performance business needs to grow up to 25% to hit guidance, according to analysts, while the game company reported the highest quarterly net income in its history.

Lululemon Athletica (LULU) came out with first quarter results on Thursday, its earnings coming in line with forecasts ($1.69 per share) while edging past Wall Street's revenue expectations ($2.47 billion vs. estimates of $2.44 billion). The stock is dropping in extended hours trading. Yahoo Finance Senior Reporter Brooke DiPalma dives into the earnings release and the athleisure brand's guidance figures.

Wall Street’s technology stocks looked set to lead markets higher again on Wednesday as investors piled further into the artificial intelligence trade and global equity benchmarks hit fresh record highs. Futures for the Nasdaq 100 were up 0.6% ahead of the opening bell, while contracts for...

Nike's success has made it vulnerable to smaller players peeling off niche segments of the sneaker business. Essentially, when you're trying to reach everyone, you miss certain pieces of the market. That's why I, as a 52-year-old man with wide feet and weak ankles, wear New Balance and Skechers. ...

Private markets are in focus, with initial public offerings (IPOs) from Anthropic (ANTH.PVT), OpenAI (OPAI.PVT), and SpaceX (SPAX.PVT) on the horizon. Powers Advisory Group managing partner Matt Powers joins Yahoo Finance to explain why he says investors should wait to buy into these names.

Political pressure is building for consumer rebates after Sen. Mark Kelly (D-Ariz.) on Wednesday accused the administration's tariff policy of raising costs for households while allowing major corporations to retain the financial benefits. In a post on X, Kelly said,...

Political pressure is building for consumer rebates after Sen. Mark Kelly (D-Ariz.) on Wednesday accused the administration's tariff policy of raising costs for households while allowing major corporations to retain the financial benefits. In a post on X, Kelly said, "Americans have paid the real price of this administration’s chaotic tariff policy. The savings should go back to them, not big corporations who raised prices and did just fine." Americans have paid the real price of this administra

A man who paid extra for two pairs of Nike Vomero sneakers on account of President Donald Trump’s now-illegal International Emergency Economic Powers Act tariffs is suing Nike for a refund. Through attorneys Jennifer Rust Murray and Toby J. Marshall of Terrell Marshall Law Group, James Dunn filed a complaint in an Oregon federal district …

Wall Street shares were set for a mixed start on Wednesday as investors prepare to wait for news from Donald Trump’s visit to China. Stock futures pointed in different directions ahead of the opening bell, with Dow Jones futures down 114 points or 0.2% at 49,755, while S&P 500 futures...

Quick-moving domestic athletic brands are now able to match American quality and cachet in the hypercompetitive and increasingly nationalistic market.

By Karen Roman a.k.a. Brands Holding Corp. (NYSE: AKA) said first quarter net sales rose 3% to $132.5 million compared to $128.7 million the year prior Adjusted EBITDA was $5.1 million, or 3.9% of net sales, compared to $2.7 million, or 2.1% of net sales the previous year, the company stated. a.k.a. Brands updated its […]

Shares of Under Armour plummeted Tuesday after the sportswear retailer finished off a third consecutive fiscal year of falling sales and issued weak guidance for 2027. The company reported an adjusted loss of 3 cents a share for the fiscal fourth quarter, a tick below analysts’ consensus call for a loss of 2 cents. Analysts had expected slight revenue growth and adjusted earnings of 23 cents a share.

Shares in On Holding AG jogged higher in New York pre-market trading after the Swiss sportswear brand backed by Swiss tennis legend Roger Federer reported record first-quarter sales and raised its profit margin outlook after making further progress in Asia and in clothing. Net sales rose...

According to the plaintiffs, the company raised prices on some footwear by $5 to $10 and on certain apparel lines by $2 to $10 to offset those costs.

Nike is the latest brand to come under fire from consumers seeking payback for the tariffs they say they paid in the form of higher prices at retail.

Consumers allege Nike raised prices to offset $1 billion in tariffs but has made no commitment to return the money

By Jonathan Stempel May 8 (Reuters) - Nike was sued on Friday by consumers who accused the athletic apparel and footwear maker of not refunding tariff-related costs it passed on in the form of higher

Investing.com -- Wells Fargo on Friday reshuffled its ratings across the U.S. apparel and retail sector, upgrading Victoria’s Secret and downgrading Nike and Deckers, arguing that the rapid adoption of GLP-1 weight-loss drugs is impacting consumer spending in ways that favor clothing over footwear and athletic wear.

Example below of IPO Edge Firesides at NYSE, or Click HERE: IPO Edge and CorpGov will be conducting interviews from the floor of the New York Stock Exchange on June 2 and […]

8.30am: Oil prices ease, as Hegseth plays down Strait fighting Crude oil futures have eased further, as US defence officials struck a cautious tone on the Strait of Hormuz, saying Iranian actions remain below the threshold for a wider conflict, despite continued harassment of shipping. In...

(Bloomberg) -- After a remarkably successful effort to extinguish diversity, equity and inclusion programs at US employers, federal officials are stepping up their push against corporate America’s remaining DEI initiatives.Most Read from BloombergBeijing Tells China Firms to Ignore US Sanctions on RefinersSupertanker Appears to Have Crossed the Strait of HormuzFormer NYC Mayor Giuliani in Critical Condition, Trump SaysWorld’s Largest Container Carrier Plans Route Avoiding HormuzPhilippines Says

Lululemon’s board members were under pressure. The company’s estranged founder had launched a proxy fight, with a big-name activist investor waiting in the wings, and the board was being pushed to quickly recruit a new chief executive who could turn things around. When Lululemon landed on former Nike executive Heidi O’Neill for the job last week, Chairwoman Marti Morfitt and the board thought they had it in the bag.

Nike (NKE) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.