7 Articles
7 Articles
Analysts Fear Lululemon's Woes Could Drag On Throughout The Year; Stock Plunges 15%
Lululemon stock plunged after the company gave a weak outlook, citing slower consumer traffic and concern about the economy. The post Analysts Fear Lululemon's Woes Could Drag On Throughout The Year; Stock Plunges 15% appeared first on Investor's Business Daily.


Lululemon shares drop 15% as CEO says inflation, economic concerns are weighing on spending
A Lululemon store in Manhattan, New York City, on July 15, 2024. Beata Zawrzel | Nurphoto | Getty Images Lululemon beat Wall Street expectations for fiscal fourth-quarter earnings and revenue, but issued 2025 guidance that disappointed analysts. On an Thursday earnings call, CEO Calvin McDonald said the athleticwear company conducted a survey earlier this month that found that consumers are spending less due to economic and inflation concerns, …
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