#lululemontumbles20%onweakguidance
📉 LULU is taking a hard hit after a sharp forecast cut.
Lululemon shares plunged about 20% in pre-market trading after weaker sales and a sharply lowered full-year outlook.
Q2 revenue fell 4% year over year to about $2.4 billion, while comparable sales dropped 9%. Revenue in the Americas declined 8%.
But here’s the main concern: management now expects fiscal 2026 revenue of $10.35 billion to $10.50 billion, below its previous forecast of $11 billion to $11.15 billion. EPS guidance was also cut to $9.48–$9.73.
With a CEO transition ahead, investors now want to see whether
LULU can regain product momentum and customer confidence.
The 20% drop is the headline. The forecast cut is the real story. 👀
Do you think this is deeper weakness or a possible reset?
$SNXX
$USELESS
$MARSCOIN
#BinanceSquare #LuLu #StockMarket #CryptoNews
📉 LULU is taking a hard hit after a sharp forecast cut.
Lululemon shares plunged about 20% in pre-market trading after weaker sales and a sharply lowered full-year outlook.
Q2 revenue fell 4% year over year to about $2.4 billion, while comparable sales dropped 9%. Revenue in the Americas declined 8%.
But here’s the main concern: management now expects fiscal 2026 revenue of $10.35 billion to $10.50 billion, below its previous forecast of $11 billion to $11.15 billion. EPS guidance was also cut to $9.48–$9.73.
With a CEO transition ahead, investors now want to see whether
LULU can regain product momentum and customer confidence.
The 20% drop is the headline. The forecast cut is the real story. 👀
Do you think this is deeper weakness or a possible reset?
$SNXX
$USELESS
$MARSCOIN
#BinanceSquare #LuLu #StockMarket #CryptoNews
