Activist Fit-Checks Lululemon & Longhorn’s Earnings Are Well Done

Episode 87: Today, Ann checks out Lululemon and the activist investor taking a billion dollar stake in the company with the goal of getting the athleisure OG to get its fit in check. Then we survey earnings from Darden, the parent company of the Olive Garden… apparently diners haven’t had their fill of neverending pasta - plus: Carmax hits the skids and seeks to win back customers with lower prices. Finally, we survey today’s fresh CPI data, see why shares in Micron are up and… it’s back: merger talk of Spirit and Frontier Airlines. Visit Vanguard.com/audio to learn more www.brewmarkets.com Subscribe to the Brew Markets newsletter: https://www.morningbrew.com/brew-mark... Follow Brew Markets on social: Instagram: instagram.com/brewmarkets TikTok: tiktok.com/@brewmarkets X: x.com/brewmarkets Follow Ann Berry on social: Instagram: instagram.com/annberry_nyc X: x.com/AnnBerry_NYC Listen to Brew Markets Here: swap.fm/l/9Qk4z73Z2nEwFiCB4qee Watch Brew Markets Here:⁠ https://www.youtube.com/@BrewMarkets 00:00 Welcome to Brew Markets Daily 00:00 Elliott's $1B bet on $LULU 00:00 Earnings: $DRI $KMX 00:00 Market Close The content shared on this podcast is for informational and entertainment purposes only and should not be considered financial, legal, or investment advice. Brew Markets, Morning Brew and their hosts are not licensed financial advisors. Listeners should conduct their own research and consult with qualified professionals before making any financial decisions or investments. The views expressed are those of the hosts and guests and do not necessarily reflect the views of Morning Brew or its affiliates. This podcast may include paid endorsements or sponsorships Learn more about your ad choices. Visit megaphone.fm/adchoices