#lululemontumbles20%onweakguidance 📉 Lululemon $LULU.US $VELVET $TSLL
plunged below $100 for the first time since 2018 after cutting full-year sales and profit forecasts, with disappointing Q2 results sending shares down 15% after hours.
⚠️ Growth concerns are mounting as fiscal 2026 revenue is projected to decline 5–7%, while slowing sales, competitive pressure, and heightened put-option activity weigh on investor sentiment.
plunged below $100 for the first time since 2018 after cutting full-year sales and profit forecasts, with disappointing Q2 results sending shares down 15% after hours.
⚠️ Growth concerns are mounting as fiscal 2026 revenue is projected to decline 5–7%, while slowing sales, competitive pressure, and heightened put-option activity weigh on investor sentiment.