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Page 4 - Tom Nikic News Today : Breaking News, Live Updates & Top Stories | Vimarsana

What s Going On With Lululemon Stock Thursday? - Lululemon Athletica (NASDAQ:LULU)

Lululemon Athletica Inc (NASDAQ:LULU) shares are trading higher Thursday. The stock appears to be bouncing back slightly after falling more than 7% on Wednesday after the company announced an updated operational structure following the resignation of its chief product officer.

Lululemon restructures product, marketing teams as Chief Product Officer Sun Choe exits

Apparel Company VF s Fortune Will Not Turn For The Better, Says Analyst

Apparel Company VF s Fortune Will Not Turn For The Better, Says Analyst
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Apparel Company VF s Fortune Will Not Turn For The Better, Says Analyst - VF (NYSE:VFC)

Wedbush analyst Tom Nikic reiterated a Neutral rating on VF Corp shares, lowering the price target from $15.5 to $13. Nikic's checks suggest continued business challenges, with Vans being a significant issue. The analyst cut FY24-26 EPS forecasts and noted declining e-commerce traffic for The North Face and Vans. The company's highly-levered balance sheet adds further pressure.

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