Lululemon: Sales Growth & Tariff Impact
Lululemon reports sales growth but anticipates tariff impact, revising revenue expectations. China growth is strong. Margins improved. Stock price affected by tariff concerns.
Chinese EV makers are having a moment
The company claims its “Super e-Platform” is the fastest charging system of its type for mass-market cars, capable of delivering enough power to its vehicles to travel 292 miles within just five minutes, a tad longer than it takes to fill up a tank of gas.
China returns fire in Trump’s trade war with new tariffs and a Google probe
China’s Commerce Ministry also put PVH Corp. (PVH-3.58%), which owns fashion brands Calvin Klein and Tommy Hilfiger, and biotechnology form Illumina (ILMN+0.53%) on its “unreliable entity” list.