Lululemon reported Q1 revenue of $2.5 billion, beating estimates, but issued a cautious Q2 sales forecast predicting a 2-3% decline. Full-year revenue guidance was also lowered to flat or slightly down compared to last year. The company cited ongoing headwinds and plans to adjust its strategy to strengthen its product offerings. Despite strong international sales growth, profitability fell with a 37% drop in operating income and a 410 basis point decline in gross margin.
Lululemon invested in Syntetica's $30 million Series A funding to support its innovative recycling of Nylon 6 and Nylon 6,6, materials difficult to separate and reuse in textile waste. This move aligns with growing industry demand for sustainable, co...
In Q2 2026, Baird's Chautauqua International Growth Fund returned +10.39%, trailing the MSCI ACWI ex-U.S. Index's +14.49%. Key detractors included Alibaba and Lululemon, while Recruit and ASML contributed positively. The Global Growth Fund also lagge...
