CalAmp (NASDAQ:CAMP), a connected intelligence company that helps people and organizations improve operational performance, today announced that it initiated a restructuring plan to reduce approximately eight percent of its employees across various functions. The Company implemented these actions to realign its operations to be more consistent with its S&SS business model.
Lululemon +8% On Thursday: What’s Going On?
Lululemon's shares surge in premarket trading following its first-quarter earnings report, which revealed strong comparable sales growth and plans for international expansion, despite concerns over the recent departure of its product chief to Vans, V.F. Corporation's struggling brand.
