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Lululemon shares dive on risks of prolonged overhaul under new CEO

Lululemon shares dive on risks of prolonged overhaul under new CEO

By Neil J Kanatt and Juveria Tabassum Sept 4 (Reuters) - Lululemon Athletica shares slid about 20% on Friday as investors weighed the chances of a long-drawn-out overhaul for the company under incoming CEO Heidi O'Neill, after it cut its full-year forecast for a second time.
Reuters Reuters
Lululemon dives on risks of prolonged turnaround under new CEO

Lululemon dives on risks of prolonged turnaround under new CEO

By Neil J Kanatt and Juveria Tabassum Sept 4 (Reuters) - Lululemon Athletica shares tumbled 18% to an eight-year low on Friday as the sportswear maker's latest annual forecast cut fanned worries of a long-drawn-out overhaul under incoming CEO Heidi O'Neill.
Reuters Reuters
Lululemon shares dive as forecast cut spotlights challenges facing new CEO

Lululemon shares dive as forecast cut spotlights challenges facing new CEO

By Neil J Kanatt Sept 4 (Reuters) - Shares of Lululemon Athletica fell about 20% in premarket trading on Friday after the sportswear maker cut its full-year forecast for a second time, underscoring the string of challenges that await incoming CEO Heidi O'Neill.
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Walmart Reports Q2 Revenue Beat, but EPS Guidance Disappoints Investors

Walmart Reports Q2 Revenue Beat, but EPS Guidance Disappoints Investors

Walmart Reports Q2 Revenue Beat, but EPS Guidance Disappoints Investors
TheStreet TheStreet
Aon's $17B USI deal has a cost investors should know

Aon's $17B USI deal has a cost investors should know

The insurance giant’s biggest-ever deal comes with a costly catch.
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Dick's Sporting Goods Launches End-of-Summer Sale with Significant Discounts on Major Sneaker Brands

Dick's Sporting Goods Launches End-of-Summer Sale with Significant Discounts on Major Sneaker Brands

Dick's Sporting Goods Launches End-of-Summer Sale with Significant Discounts on Major Sneaker Brands
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Sweetgreen Reports Mixed Q2 Earnings Amidst Modern Fast Food Sector Trends

Sweetgreen Reports Mixed Q2 Earnings Amidst Modern Fast Food Sector Trends

Sweetgreen Reports Mixed Q2 Earnings Amidst Modern Fast Food Sector Trends
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Brooks Brothers Relocates Westport Store to New Main Street Address

Brooks Brothers Relocates Westport Store to New Main Street Address

Brooks Brothers Relocates Westport Store to New Main Street Address
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Athleisure Market Sees Continued Growth Driven by Health Consciousness and Sustainability

Athleisure Market Sees Continued Growth Driven by Health Consciousness and Sustainability

Athleisure Market Sees Continued Growth Driven by Health Consciousness and Sustainability
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PayPal Faces Renewed Takeover Speculation Following $50 Billion Bid Rumors

PayPal Faces Renewed Takeover Speculation Following $50 Billion Bid Rumors

PayPal Faces Renewed Takeover Speculation Following $50 Billion Bid Rumors
TheStreet TheStreet
Goldman Sachs resets DKS stock price target amid store closures

Goldman Sachs resets DKS stock price target amid store closures

Dick's Sporting Goods missed earnings and closed 113 stores tied to Foot Locker.
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Susquehanna Fundamental Investments LLC Acquires Significant Stake in Levi Strauss Co.

Susquehanna Fundamental Investments LLC Acquires Significant Stake in Levi Strauss Co.

Susquehanna Fundamental Investments LLC Acquires Significant Stake in Levi Strauss Co.