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Peloton (PTON) Shares Jump 15% on Content and Apparel Partnership with Athletic Clothing Retailer Lululemon

Both Peloton and Lululemon will partner for 5 years as they hope to exchange benefits to help support the exercise and athletics businesses. American exercise equipment and media company Peloton Interactive Inc (NASDAQ: PTON) has partnered with Canadian athletic apparel retailer Lululemon Athletica Inc (NASDAQ: LULU). The two companies have officially entered a partnership that

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Lululemon Athletica Announces Better than Expected Q2 Fiscal 2023 Results, LULU Shares Up Over 1.5%

Lululemon Athletica announced a revenue of about $2.2 billion, up approximately 18 percent compared to the same time last year. Canadian multinational athletic apparel retailer Lululemon Athletica Inc (NASDAQ: LULU) released its Q2 2023 financial results and the full-year outlook on Thursday. According to the announcement, the company’s operations continued to

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Lululemon Announces Better than Expected Fiscal Q1 2023 Results, LULU Shares Up 13%

For the second quarter, Lululemon Athletica expects to report net revenue of between $2.140 billion and $2.170 billion, thereby representing growth of approximately 15 percent. Lululemon Athletica Inc (NASDAQ: LULU), a Canadian multinational athletic apparel retailer, announced the results for the first quarter (Q1) of fiscal 2023 on June 1.

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