Lululemon closes distribution center in Washington

seekingalpha04-22

Lululemon Athletica (NASDAQ:LULU) disclosed that the company will close its distribution center in the state of Washington at the end of the year. The action will also result in more than 100 ...

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The action will also result in more than 100 ...</p>\n\n<a href=\"https://seekingalpha.com/news/4091845-lululemon-closes-distribution-center-in-washington\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4211","symbol_name":"区域性银行","start_time":0,"source_url":"https://seekingalpha.com/news/4091845-lululemon-closes-distribution-center-in-washington","article_id":"2429776947","we_media_id":null,"thumbnails":["https://static.seekingalpha.com/cdn/s3/uploads/getty_images/164086383/image_164086383.jpg"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2429776947","pubTimestamp":1713787207,"sourceInfo":{"source_id":"seekingalpha","name":"Seeking Alpha"},"weMediaInfo":null,"summary":"Lululemon Athletica (NASDAQ:LULU) disclosed that the company will close its distribution center in the state of Washington at the end of the year. The action will also result in more than 100 employee","collect":0,"end_time":0,"defaultTopTitle":"seekingalpha.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4211":"区域性银行","BK4202":"服装、服饰与奢侈品","BK4504":"桥水持仓","WASH":"华盛顿信托银行","LULU":"lululemon athletica","BK4585":"ETF&股票定投概念","LU0823411888.USD":"法巴消费创新基金 Cap","BK4588":"碎股"},"translate_title":"Lululemon关闭华盛顿配送中心","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"LULU":1,"WASH":1},"content_text":"Lululemon Athletica (NASDAQ:LULU) disclosed that the company will close its distribution center in the state of Washington at the end of the year. The action will also result in more than 100 employees being laid off. The athletic apparel giant will shutter the Sumner distribution center as part of its business optimization effort and cut 128 jobs beginning June 21, according to a WARN notice filed with the state's Employment Security Department. A Lululemon (LULU) spokesperson said the company regularly evaluates its distribution network to help shape and support the future vision of the business. Some of the employees will be retained and relocated to other facilities, including the company's recently opened distribution center in the greater Los Angeles region. With its last earnings report, Lululemon (LULU) guided for Q1 revenue to be in the range of $2.18B to $2.20B. Q1 EPS is expected to fall in the range of $2.35 to $2.40. The current consensus estimates are for revenue of $2.20B and EPS of $2.41. Lululemon (LULU) set full-year revenue guidance at $10.7B to $10.8B and full-year EPS guidance a $14.00 to $15.20. Shares of Lululemon Athletica (LULU) tracked 0.44% higher in premarket trading on Monday to $354.01 vs. the 52-week range of $326.93 to $516.39. Wall Street analysts and Seeking Alpha analysts both have a consensus Buy rating on LULU.  More on Lululemon  Lululemon Athletica: Incessant Selling Is Unwarranted Lululemon: Price Pullback Gives Another Chance To Buy Lululemon: Soft Guidance Pressures Shares, Technical Damage Done Lululemon down but not washed out - analyst Is Lululemon headed for the same fate as Under Armour? - analyst","kind":null,"is_publish_news":null,"is_publish_highlight":null,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.22.4","shortVersion":"4.22.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2429776947"}