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5.2

Lululemon plunges 20% after Q2 miss, cuts full-year forecast again

Lululemon shares fell nearly 20% in after-hours trading after Q2 results missed expectations and the company lowered its full-year earnings guidance for the second consecutive quarter. The repeated guidance cut signals sustained demand weakness in the athleisure segment, raising concerns about the company's growth trajectory.

Dagens Industri3 days agoUS, CACredibility 26%View source

Score Breakdown

Mosaic Score5.2
Confidence0.9
Significance0.5
Source credibility0.3

Intelligence Tags

#lululemon#earnings#guidance-cut#retail#consumer-discretionary

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