đš LULULEMON STOCK TUMBLES 20% đ
$LULU.US athletica shares plunged as much as 20% after the company delivered a sharply weaker outlook for 2026.
đ What triggered the sell-off?
âą Q2 revenue fell 4% YoY to $2.4B
âą Comparable sales dropped 9%
âą Americas comparable sales declined 12%
âą Full-year revenue guidance was cut to $10.35Bâ$10.50B
âą Full-year EPS guidance was reduced to $9.48â$9.73
The company is also facing growing competition and weaker demand in its core apparel business.
đ„ Market Take: Investors are now watching closely to see whether incoming CEO Heidi OâNeill can turn the brand around.
Would you buy LULU after this massive drop? đ
#LULU #lululemon #Stocks #stockmarketupdate #FinanceExperts
$LULU.US athletica shares plunged as much as 20% after the company delivered a sharply weaker outlook for 2026.
đ What triggered the sell-off?
âą Q2 revenue fell 4% YoY to $2.4B
âą Comparable sales dropped 9%
âą Americas comparable sales declined 12%
âą Full-year revenue guidance was cut to $10.35Bâ$10.50B
âą Full-year EPS guidance was reduced to $9.48â$9.73
The company is also facing growing competition and weaker demand in its core apparel business.
đ„ Market Take: Investors are now watching closely to see whether incoming CEO Heidi OâNeill can turn the brand around.
Would you buy LULU after this massive drop? đ
#LULU #lululemon #Stocks #stockmarketupdate #FinanceExperts
