Lululemon’s Margin Problem Could Spell Trouble for These ETFs
Lululemon's margin pressure raises concerns for consumer ETFs as weak sales, tariffs, and competition test retail profitability.
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Lululemon's margin pressure raises concerns for consumer ETFs as weak sales, tariffs, and competition test retail profitability.
Read original at benzingaA class action lawsuit has been filed against Helen of Troy Limited for allegedly misleading investors about Project Pegasus, a restructuring initiative. The company claimed the project was delivering efficiencies and cost savings, but in reality lacked sufficient resources and budget. When the truth emerged in July 2024, the company reported a 49% EPS decline and cut full-year revenue guidance by over 20%, causing the stock to plummet 27.7%. Investors who purchased shares between April 24, 2024, and October 8, 2025, have until August 3, 2026, to apply as lead plaintiff.
Read original at globenewswire-incA class action lawsuit has been filed against Helen of Troy Limited for allegedly misleading investors about Project Pegasus, a restructuring initiative. The company claimed the project was delivering efficiencies and cost savings, but in reality lacked sufficient resources and budget to achieve stated goals. When the truth emerged in July 2024, the company reported a 49% decline in earnings per share and cut full-year revenue outlook by over 20%, causing stock price to drop 27.7%. Investors who purchased shares between April 24, 2024, and October 8, 2025, can join the lawsuit with a deadline of August 3, 2026.
Read original at globenewswire-incUS stocks mixed, Dow Jones up 100 pts. TriCo Bancshares up 10% after First Hawaiian buyout. Other gainers: BRAI, VRRM, AIIO, CNMD, HELE, KRO, SM, GFR, GEVO, PARR, OIO, PKE.
Read original at benzinga