Lululemon Canadian or American?

« Back to Previous Page
▲
0
▼
♥ 0

I know Lululemon was founded in Vancouver, and the head office is still there as far as I know. But I can only find LULU on the American stock list. I can’t find it listed on the TSX. So my Question is Why isn’t it on the TSX.
Second question, Do you think that since they are now the Olympics supplier will this be a good thing from an investment point of view?

Marked as spam
Asked on September 29, 2021 12:27 pm
2 views
▲
0
▼
✔
Private answer

Hi there! Lululemon actually delisted itself from the Toronto Stock Exchange due to a lack of trading activity. This happened quite a while ago, in 2013 I believe. The company was quoted saying the financial costs of being on the TSX just couldn't be justified.

In terms of the official supplier of Canadian Olympic gear, it is certainly good brand recognition and will get its name out there a bit more, but I doubt this has any material impact on the company.

Marked as spam
Posted by Dan Kent
Answered on September 29, 2021 2:02 pm
« Back to Previous Page