From Yoga Pants to Profit Warnings: Lululemon’s Rough Friday Just Got Rougher
Incoming CEO Heidi O’Neill inherits a company under pressure as weak guidance rattles investors. Lululemon just gave Wall Street a rough Friday. The athleisure giant cut its full-year revenue and earnings forecasts, and shares dropped more than 10% in premarket trading. KEY DETAILS For Q2 2026, Lululemon expects net revenue between $2.45B and $2.48B – […]
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