Lululemon shares surged on Monday after the company raised its current-quarter targets, attributing the boost to higher-than-expected demand for its apparel during the holiday season. The sportswear maker introduced new colors and styles to compete with emerging brands, and customers responded positively. Lululemon also anticipates a 30 basis point increase in gross margins during the fourth quarter.
) were up on Monday after it raised its current-quarter targets, as the sportswear maker benefited from a bump in demand for its apparel during the holiday season and underscored a stronger-than-anticipated shopping period in the United States.
While the holiday season has been highly promotional, customers have also shopped more on their mobile phones , carefully comparing prices, as well as evaluating shipping times and return policies with the help of artificial intelligence-enabled chatbots. The deal is meant to help J&J boost its growth in the drugs and medical devices businesses after it spun off the consumer health unit in 2023. The company’s blockbuster psoriasis drug Stelara is also set to face competition from several biosimilar versions in the U.S. this year.
Intra-Cellular is also seeking an expanded regulatory approval in the U.S. for Caplyta as an add-on therapy for major depressive disorder. The treatment brought in US$481.3-million in sales in the first nine months of 2024. Analysts expect the therapy to bring in more than US$1-billion in sales next year, according to data compiled by LSEG.
Howard Hughes’s shareholders can elect to receive the entire payment in cash or “roll over” all or a portion of their shares into the post-merger company, Mr. Ackman said.) was up after it said on Monday its unit Hiland Partners has agreed to buy a natural gas gathering and processing system in North Dakota from Outrigger Energy II LLC for US$640-million.
The California-based device maker is pinning its hopes on its recently launched device Stelo for adults aged 18 and older who do not use insulin, making it the first continuous glucose monitor available for over-the-counter sales. It reported preliminary fourth-quarter revenue of at least US$1.11-billion, compared with analysts’ estimates of US$1.10-billion according to data compiled by LSEG.) was down after it agreed to pay more than US$40-million to settle U.S. Securities and Exchange Commission charges that broker-dealer failed to supervise its agency bond desk, the SEC said on Monday.
The company says its combined box office and concession revenue totalled $112.0 million in December, representing 129 per cent of the total seen in December 2023.) dropped on Monday after it raised its annual net sales growth target for the current quarter helped by strong demand for its apparel collections during the holiday shopping season.
People have also bought more on their mobile phone, comparing prices, as well as shipping times and return policies with the help of artificial intelligence-enabled chatbots as they waded through a highly promotional holiday retail environment. CEO Stéphane Bancel said the vaccine maker aims to reduce 2025 cash costs by US$1-billion with a plan for an additional US$500-million in 2026. It expects to end 2025 with cash and investments of about US$6-billion.
Finance LULEMON HOLIDAY DEMAND GROSS MARGINS SPORTSWEAR QUARTERLY TARGETS
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