Jim Cramer called Lululemon a "thoroughly broken stock" after its latest earnings showed a 4.3% revenue decline and a 9% drop in comparable sales. The athleisure market is highly competitive, pressuring Lululemon's growth, with challenges including falling women's leggings sales and negative impacts in China. Despite a gross margin boost from tariff refunds, operating income fell 13%. The company lowered its full-year revenue and earnings guidance, and a new CEO faces the task of stabilizing sales and reigniting demand. Investors remain cautious as earnings continue to decline despite a lower valuation.
lululemon reported weaker-than-expected revenue and lowered its full-year guidance on September 3, 2026, citing negative media, soft product launches, and reduced store traffic. Following this, its stock price fell sharply by 17.38% to $100.61. Brons...
Nike stock has fallen 40% this year, mirroring declines in peers On Holding and Lululemon, which are down 41% and 53% respectively. This suggests the drop is due to a broad category selloff in athletic apparel rather than company-specific issues. Des...
Michael Burry called Lululemon a "fat pitch" below $100, seeing a generational buying opportunity due to temporary setbacks and a new CEO's potential turnaround. He highlighted the company's strong cash position and lack of debt as downside protectio...
lululemon reported weaker-than-expected Q2 2026 results and sharply lowered its full-year revenue and earnings guidance, citing negative media, poor new-product launches, and lower store traffic. Following the announcement, its stock price dropped 17...
Lululemon reported weaker-than-expected Q2 2026 results and lowered its full-year revenue and earnings outlook, citing negative media, poor new product launches, and reduced store traffic. Following this, its stock dropped 17.38% on September 4, 2026...
