Lululemon has lowered its full-year sales and profit guidance again due to weak performance in China and rising competition in the U.S., expecting a 5-7% sales decline and lower earnings per share. Tesla has quietly launched its fully autonomous Cybercab rides in Austin, Texas, with limited availability and no public event livestream. Volkswagen announced a major restructuring plan including an additional 50,000 job cuts and a reduction in model offerings by 2035 to improve efficiency and competitiveness. These developments highlight challenges and strategic shifts in retail, automotive innovation, and manufacturing sectors.
lululemon athletica reported a disappointing Q2 with a 4% revenue drop and 10% decline in comparable sales, especially in the Americas where sales fell 8%. Despite an EPS beat due to one-time tariff refunds, the underlying profit margins and earnings...
Lululemon reported a 9% decline in comparable sales and a 4% drop in revenue for its second fiscal quarter, leading to a 15% plunge in its shares. The company also lowered its full-year revenue forecast to $10.35-$10.5 billion, down 5-7% from last ye...
Campbell's and Lululemon both report earnings on September 3, 2026, but Campbell's full fiscal year results and guidance reset carry more weight for retirement-focused investors than Lululemon's mid-year quarter. Campbell's defensive food business of...
