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Stock impact report

LULULEMON ALERT: Bragar Eagel & Squire, P.C. is Investigating Lululemon Athletica Inc. on Behalf of Long-Term Stockholders and Encourages Investors to Contact the Firm

lululemon athletica inc. (LULU) 
Last lululemon athletica inc. earnings: 3/26 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.lululemon.com
Company Research Source: GlobeNewswire
NEW YORK, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against Lululemon Athletica Inc. (NASDAQ: LULU) on behalf of long-term stockholders following a class action complaint that was filed against Lululemon on August 8, 2024 with a Class Period from December 7, 2023 and July 24, 2024. Our investigation concerns whether the board of directors of Lululemon have breached their fiduciary duties to the company. According to the complaint, during the class period, defendants failed to disclose to investors: (1) that the Company was struggling with inventory allocation issues and color palette execution issues; (2) that, as a result, the Company’s Breezethrough product launch underperformed; (3) that, as a result of the foregoing, the Company was experiencing stagnating sales in the Americas region; and (4) that, as a result of the foregoing, Defendants’ positive statements about the C Show less Read more
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