|Day Low/High||206.67 / 208.74|
|52 Wk Low/High||110.71 / 209.02|
Lululemon shares traded at a fresh record high Wednesday after the athletic wear group unveiled a new group strategy that it says will boost digital revenues and quadruple its international sales over the next five years.
Building upon a year of considerable growth in 2018 and having already delivered on several of its key 2020 goals, the Company is meeting with investors and analysts today to outline its growth strategy for the next five years.
lululemon athletica inc. (NASDAQ: LULU) today announced that it will host an analyst day on Wednesday, April 24, 2019 in New York City.
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The long, strong run in the shares of the athletic apparel retailer does not appear to be over.
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lululemon athletica inc. (NASDAQ:LULU) announced today that it has agreed to repurchase one million shares of its common stock in a private transaction with funds affiliated with Advent International Corporation (Advent).
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Lululemon's stock is on a roll after a big earnings beat, but there are areas in which it still has room to grow.
Until we see significant weakness, the stock looks like one to own.
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What the market likes is growth. LULU is delivering plenty of that.
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The company expects to open more than 20 new international stores in 2019, at least half of those will be in Asia.
Lululemon has leapt to an all-time high on Thursday, but is it running too far too fast?
Lululemon Athletic shares opened at a record high Thursday after the sports apparel group posted solid fourth quarter earnings and said accelerating online sales would drive better-than-expected full year profits.
While there is some positive movement, it has not been sustained which makes trading quite tricky.
Lululemon is by no means an inexpensive stock. As such, it will need to leverage the areas it has not yet saturated to keep the market appeased.
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