Carter's Sales Miss; GameStop Jumps; Lululemon Rises on Deal
On this episode of Stock Movers:
- Carter’s (CRI) shares are up, erasing an earlier decline, after the children’s apparel company said its fourth-quarter comparable sales are “off to a good start,” despite reporting a net sales miss during the third quarter. The company also plans to reduce offices-based roles by about 15% by the end of 2025, and it boosted the amount of stores it plans to close. 
- GameStop (GME) shares jump more than 8% in premarket trading after the White House’s Rapid Response 47 account reposted a statement from the company on X that declared the so-called “console wars” over. The White House’s official X account also posted a reply to the statement with a stylized image of President Trump.
- Lululemon Athletica (LULU) has entered an arrangement with the National Football League and sports merchandiser Fanatics Inc. to develop a line of fan apparel as the yoga-wear retailer searches for new avenues of growth.The new Lululemon collection, set to be announced on Monday, is the company’s first link-up with the league. The line includes clothes for all 32 NFL teams and will be sold through the NFL and Fanatics shops, along with team stores, beginning on Oct. 28.

Carter's Sales Miss; GameStop Jumps; Lululemon Rises on Deal On this episode of Stock Movers: - Carter&rsquo;s (CRI) shares are up, erasing an earlier decline, after the children&rsquo;s apparel company said its fourth-quarter comparable sales are &ldquo;off to a good start,&rdquo; despite reporting a net sales miss during the third quarter. The company also plans to reduce offices-based roles by about 15% by the end of 2025, and it boosted the amount of stores it plans to close. - GameStop (GME) shares jump more than 8% in premarket trading after the White House&rsquo;s Rapid Response 47 account reposted a statement from the company on X that declared the so-called &ldquo;console wars&rdquo; over. The White House&rsquo;s official X account also posted a reply to the statement with a stylized image of President Trump. - Lululemon Athletica (LULU) has entered an arrangement with the National Football League and sports merchandiser Fanatics Inc. to develop a line of fan apparel as the yoga-wear retailer searches for new avenues of growth.The new Lululemon collection, set to be announced on Monday, is the company&rsquo;s first link-up with the league. The line includes clothes for all 32 NFL teams and will be sold through the NFL and Fanatics shops, along with team stores, beginning on Oct. 28.

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Stock Movers

Carter's Sales Miss; GameStop Jumps; Lululemon Rises on Deal

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