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Podcast: Nike, Lululemon Shares Rise After Trump Touts Vietnam Trade Deal
Elsewhere in the markets, Centene shares tumble after the healthcare company says its earnings will fall short of expectations. Modelo brewer Constellation Brands expects President Trump’s new tariffs to increase its costs by $20 million this fiscal year.
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4th of July is the unofficial start to summer, which means end of season markdowns, like these comfy performance crew socks ...
Recent years have been tough sledding for Lululemon Athletica (LULU 0.52%) investors. While the broad market indices are ...
Nike shares tumbled 8% on Friday after the Air Jordan maker warned of lower sales in its first half as it replaces older styles with trendier sneakers, while Lululemon Athletica sank 17% as demand ...
Nike (NYSE:NKE) and Lululemon (NASDAQ:LULU) have seen their shares rally over the past two days. However, the exact reasons are unclear. For Nike, the biggest reason is likely connected to a bad ...
Nike ( NKE 3.38%) stock jumped 17% in June, according to data from S&P Global Market Intelligence. The market was happy with ...
"Nike's claims are unjustified, and we look forward to proving our case in court," a Lululemon spokesperson said in a statement to Insider. Lululemon, long known for its workout apparel, made ...
But one reason Lululemon can outperform Nike over the next 10 years is the former's faster rate of revenue growth. Since 2012, Lululemon has grown revenue by 467% cumulatively compared to Nike ...
Nike, based in Beaverton, Oregon, is seeking triple damages for Lululemon’s alleged willful infringement, and a variety of other remedies. Mirror gyms start at $1,195, according to Lululemon’s ...
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