๐จ LULULEMON STOCK TUMBLES 20% ๐
$LULU.US athletica shares plunged as much as 20% after the company delivered a sharply weaker outlook for 2026.
๐ What triggered the sell-off?
โข Q2 revenue fell 4% YoY to $2.4B
โข Comparable sales dropped 9%
โข Americas comparable sales declined 12%
โข Full-year revenue guidance was cut to $10.35Bโ$10.50B
โข Full-year EPS guidance was reduced to $9.48โ$9.73
The company is also facing growing competition and weaker demand in its core apparel business.
๐ฅ Market Take: Investors are now watching closely to see whether incoming CEO Heidi OโNeill can turn the brand around.
Would you buy LULU after this massive drop? ๐
#LULU #lululemon #Stocks #stockmarketupdate #FinanceExperts
$LULU.US athletica shares plunged as much as 20% after the company delivered a sharply weaker outlook for 2026.
๐ What triggered the sell-off?
โข Q2 revenue fell 4% YoY to $2.4B
โข Comparable sales dropped 9%
โข Americas comparable sales declined 12%
โข Full-year revenue guidance was cut to $10.35Bโ$10.50B
โข Full-year EPS guidance was reduced to $9.48โ$9.73
The company is also facing growing competition and weaker demand in its core apparel business.
๐ฅ Market Take: Investors are now watching closely to see whether incoming CEO Heidi OโNeill can turn the brand around.
Would you buy LULU after this massive drop? ๐
#LULU #lululemon #Stocks #stockmarketupdate #FinanceExperts
