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Lululemon cuts full-year forecast as turnaround challenges persist, shares fall.

Company Fundamentals
04 Jun 2026
Market Watch
View Source
Bearish
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Lululemon has lowered its full-year sales forecast due to ongoing challenges, causing its shares to drop in after-hours trading. Interim co-CEO Meghan Frank cited recent headwinds that have forced the company to be more cautious about its outlook. Analysts have also criticized Lululemon for moving away from its core technical workout-wear business. The company acknowledges that more work is needed to successfully reposition itself and achieve a turnaround.

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