Lululemon Athletica Inc LULU:NASDAQ

Last Price$463.26NASDAQ Previous Close - Last Trade as of 4:00PM ET 11/29/21

Today's Change+6.68(1.46%)
Bid (Size)$463.55 (3)
Ask (Size)$465.00 (2)
Day Low / High$455.50 - 466.72
Volume759.0 K

Sector Update: Consumer Stocks Maintaining Moderate Gains Ahead of Close

4:03PM ET 10/05/2021 MT Newswires
Consumer stocks held moderate gains late in Tuesday trading, with the Consumer Staples Select Sector SPDR ETF (XLP) and the Consumer Discretionary Select Sector SPDR (XLY) up 0.8% apiece.

In company news, Group 1 Automotive (GPI) was ending 1.8% lower after announcing the purchase of two additional auto dealerships in the greater Dallas-Fort Worth metropolitan area. Financial terms were not disclosed. Group 1 said Classic Chrysler Dodge Jeep Ram and Classic Mazda are expected to generate around $150 million in combined revenue on an annualized basis.

Amontg gainers, ThredUp (TDUP) climbed 5.7% after Wedbush Tuesday began coverage of the secondhand clothing seller's stocks with an outperform rating and a $25 price target.

Lululemon athletica (LULU) added 1.3% after the exercise apparel and equipment company authorized a $500 million increase for its stock buyback program, making $641.2 million available for share repurchases.

Pepsi (PEP) rose 0.7% after reporting net income and sales exceeding Wall Street expectations and increasing its FY21 organic sales forecast to 8% growth over year-ago levels compared with the food and beverage giant's prior guidance for a 6% increase.