The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Lululemon Athletica Inc. (“Lululemon” or “the Company”) (NASDAQ: LULU) for violations of the securities laws.
The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Lululemon was the subject of multiple analyst price target drops on July 25, 2024. The Company’s financial performance and its new “Breezethrough” line were particular areas of concern. Breezethrough has suffered from “inconsistent” inventory allocation and pricing, according to analysts following Lululemon.
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We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at bschall@schallfirm.com.
The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
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