Lululemon Athletica Inc. just got marked down by $1 billion.
Gap Inc., the biggest U.S. apparel- focused retailer, fell after reporting February sales unexpectedly declined.
Gap Inc. reported quarterly profit that topped analysts’ estimates, as sales of low-priced clothing and athletic gear buoyed the results of the biggest apparel- focused retailer in the U.S.
Howard Tubin, an equity analyst at RBC Capital Markets in New York, talks with Bloomberg's Pimm Fox and David Wilson about Lululemon Athletica Inc.
Ross Stores Inc. is gaining on rivals as its 60 percent discounts on Calvin Klein shirts and Nike sneakers win customers seeking bargains amid a slowing economy.
U.S. retailers reported the smallest increase in monthly sales since November, with teen-clothing retailers Abercrombie & Fitch Co. and Aeropostale Inc. dragging down results.
Sterne Agee’s Poser, RBC’s Tubin on Lululemon Fail (Audio)