Tag: Clothing retail

  • Lululemon shares jump as holiday quarter sales soar

    A Lululemon sign is seen at a shopping mall in San Diego, California, November 23, 2022. Mike Blake | Reuters Lululemon reported strong holiday quarter sales on Tuesday, suggesting wealthier shoppers are still buying yoga pants and tops despite rising prices for essential goods. The company also issued optimistic guidance for the new fiscal year. […]

  • How much you would have if you invested $1,000 ten years ago

    Sopa Images | Rocket | Getty Images Nike continues to attract sneaker fans and activewear enthusiasts. The retailer reported revenue of $12.4 billion for the third fiscal quarter of 2023, surpassing forecasts of $11.47 billion, according to Refinitiv’s consensus estimates. The company also reported earnings per share (EPS) of $0.79, compared to the $0.55 analysts […]

  • Nike (NKE) Q3 Earnings 2023

    Nike beat Wall Street expectations for its fiscal third quarter earnings and revenue. The retailer is battling overstocking and weak sales in China as the region recovers from the Covid pandemic. Investors have been watching to see if Nike’s gross margins are improving from its direct-to-consumer channels. People in protective face masks walk past the […]