Lululemon’s Product Chief Departure Adds to ‘Wall of Worry’

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Bloomberg News

Lululemon Athletica,Premarket Trading,Raymond James

(Bloomberg) -- Lululemon Athletica Inc.’s shares dropped 4.6% in premarket trading after the company said its chief product officer was leaving, raising...

-- Lululemon Athletica Inc.’s shares dropped 4.6% in premarket trading after the company said its chief product officer was leaving, raising concerns among analysts that the athleisure brand is losing its edge.‘It Felt Like We Had Crashed’: Singapore Air Passenger Describes Turbulence TerrorSun Choe won’t be replaced.

When the company reports first-quarter earnings on June 5, analysts are expecting it to report a 6.6% increase in comparable-store sales, a rare single-digit sales increase for Lululemon.Seeking a reliable income stream for your TFSA? Consider this sustainable high-yielding dividend payer. The post Why I Can’t Stop Buying Shares of This Magnificent High-Yield Dividend Stock in My TFSA appeared first on The Motley Fool Canada.

 

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