Lululemon (LULU) reversed last quarter’s disappointment by posting strong first-quarter results. The firm’s revenue increased by 10.5% Y/Y to $2.21 billion. Comparable sales grew by 6%.For Q2, Lululemon will earn up to $2.97 a share. In 2024, revenue will grow by 11% to 12%. Investors who visit Lululemon stores will notice they still attract customers who would pay a premium price for yoga clothing.Investors who bought LULU stock at $300 will enjoy a total return of over 10% today.Victoria’s Secret (VSCO) continues to disappoint investors. The firm blamed a challenging and competitive…
Month: June 2024
No daytime homeless shelter causes challenges for North Bay Public Library
Library unveils $525,000 worth of renovations in its Worthington Street building
Boil water advisory issued for Bowness, outdoor water ban for Calgary
The City of Calgary has issued a boil water advisory for the community of Bowness as well as an outdoor water ban following a major water main break that flooded a huge section of the city.
No deal yet to avoid TTC strike which could start at 2 a.m. tomorrow
With less than 24 hours to go before a possible TTC strike which could shutter transit for millions of riders in Toronto, the chair of the TTC board says there is still no deal with the union which represents the workers.
No injuries after sinkhole develops at playground inside Vaughan townhouse complex
No injuries were reported after a large sinkhole was discovered at a playground within a townhouse complex in Vaughan on Wednesday night, police say.
Can the Taylor Swift effect jolt Toronto’s sputtering tourism industry?
Visitors injected billions of dollars into Toronto’s economy last year, a new study finds, but tourists have yet to return to pre-pandemic levels amid signs of slowing growth. Will Taylor Swift’s shows in Toronto change that?
Letters June 6, 2024: ‘Many Canadians died fighting on D-Day, and they are not forgotten’
Honour the fallen France will celebrate D-Day on June 6, the 80th year since the eventual end of their occupation by Nazi Germany. An armada of allied ships carrying soldiers shelled beach bunkers as planes bombed strategic sites and paratroopers landed behind enemy lines. Canadian soldiers landed on Juno beach suffering 2,000 casualties with tombstones […]
Dinosaurs of B.C. fill the Okanagan Heritage Museum in Kelowna
There’s a new dinosaur exhibition at the Okanagan Heritage Museum in Kelowna showcasing all sorts of dinosaurs found in B.C., including the Iron Lizard, a newly-discovered species of dinosaur.“We’re just so excited to have it here, because first of all, everybody loves dinosaurs, and secon…
B.C.’s wildfires are ‘different beasts’ than those seen in past decades
The wildfires that crews are fighting in B.C. these days are “different beasts” from those that were burning in the province in previous decades, and more government funding is needed to proactively address fire issues. That’s according to several panelists who spoke during the final day…
Pedestrian dies after being struck by vehicle in Roncesvalles
A pedestrian has died after being struck by a vehicle in Toronto’s Roncesvalles neighbourhood.
