stars and dogs
Lululemon Athletica Inc. (DOG)
LULU-Q
Business quiz! Shares of Lululemon Athletica tumbled after: a) U.S. health secretary Robert F. Kennedy Jr. testified before a Senate Committee that wearing tight yoga pants is a leading cause of heart disease; b) the North American market was flooded with cheap Chinese knockoffs bearing the label “Lullulemon Ahtletica”; c) the company issued a full-year earnings forecast well below Wall Street estimates, citing the impact of tariffs. Answer: c.
Shoe Carnival Inc. (STAR)
SCVL-Q
Hilarious prank to pull on your kids: Tell them you’re going to a “carnival,” then watch their faces drop as you pull up to the entrance of Shoe Carnival. The U.S. footwear retailer was at least making investors smile this week after second-quarter earnings t