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