Lululemon (LULU) plans to cut roughly 150 jobs as part of organizational structure changes, The Canadian Press reports. The affected employees are part of its store support centers, according to the report.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on LULU:
- Lululemon Elects Directors and Ratifies Auditor
- Why Lululemon Athletica (LULU) Bulls Shouldn’t Throw in the Towel Just Yet
- Lululemon Faces Stock Slump Amid Tariff Woes
- Lululemon, Equinix, Interactive Brokers, Tesla, McDonald’s: Trending Downgrades by Analysts
- Lululemon Athletica Stock (LULU) Plunges 23% as Tariff Pressures Eclipse Earnings Beat