Shares of beleaguered yoga-inspired apparel maker Lululemon Athletica Inc. (NASDAQ:LULU) got a boost Tuesday morning on new speculation it may be a takeover target. VF Corp. (NYSE: VFC) is the potential buyer. Lululemon Athletica inc. (NASDAQ:LULU) net profit margin is 20.50% and weekly performance is 2.01%. On last trading day company shares ended up $45.67. Analysts mean target price for the company is $57.57. Lululemon Athletica inc. (NASDAQ:LULU) distance from 50-day simple moving average (SMA50) is -6.17%.
Pacific Sunwear of California, Inc. (NASDAQ:PSUN) plans to announce on Thursday, May 29, 2014, its financial results for the first quarter 2014, which ended May 3, 2014. The Company plans to issue a news release that day at approximately 4:00 p.m. Eastern time, immediately following the closing of regular stock market trading hours. Following the news release, Pacific Sunwear management will host a conference call beginning at 4:30 p.m. Eastern time to review the results. Pacific Sunwear of California, Inc. (NASDAQ:PSUN) shares fell -0.17% in last trading session and ended the day on $2.95. Gross Margin is 25.00 % and its return on assets is -24.50%. Pacific Sunwear of California, Inc. (NASDAQ:PSUN) quarterly performance is 6.68%.
Nike Inc. (NYSE:NKE) has filed a $20.4 million building permit to continue the 1.3 million-square-foot expansion of its distribution center in North Memphis. Nike broke ground on the new facility last year. When the project is finished, it will give the company a total of 2.8 million square feet in Memphis, and allow the company to ship its footwear, apparel and equipment across the U.S. Nike Inc (NYSE:NKE) shares moved up 0.74% in last trading session and was closed at $74.49, while trading in range of $73.73 – $74.55. Nike Inc (NYSE:NKE) year to date (YTD) performance is -4.99%.
The Men’s Wearhouse Inc. (NYSE:MW) announced that in accordance with the terms of its merger agreement with Jos. A. Bank Clothiers, Inc. (JOSB), it has extended its all-cash tender offer for $65.00 per share for all of the currently outstanding shares of common stock (including associated stock purchase rights) of Jos. A. Bank to 5:00 p.m. New York City time on May 21, 2014, unless further extended. The Men’s Wearhouse, Inc. (NYSE:MW) ended the last trading day at $49.05. Company weekly volatility is calculated as 2.15% and price to cash ratio as 39.67 . The Men’s Wearhouse, Inc. (NYSE:MW) showed a negative weekly performance of-5.62%.
Vapor Group, Inc., (OTCMKTS:VPOR) announced that its subsidiary, American Vaporizer, in the next few weeks will start test marketing an e-liquid for vaping containing CBD (cannabidiol) oil. Bill Fisher, CEO of American Vaporizer, stated, “The numerous medicinal benefits of CBD oil have been well known for some time and seem to be increasing steadily as more and more research is done on the substance. Yet the use of CBD oil has been controversial since it can be derived from either hemp or marijuana, causing concern about the legalities of its manufacture, distribution and purchase. Vapor Group Inc (OTCMKTS:VPOR) On last trading day company shares ended up $0.0874.