On September 4, 2026, major tech stocks including TurboGen Ltd., Pasqal Holding, Guidewire Software, eGain Corporation, and Lululemon Athletica saw significant declines. Newly listed companies TurboGen and Pasqal experienced sharp post-listing volatility, while Guidewire, eGain, and Lululemon dropped due to cautious or weaker-than-expected earnings forecasts. The broader market also fell after a strong employment report raised expectations for another interest rate hike. These factors combined to create a challenging trading day, especially for speculative and tech stocks.
Lululemon Athletica's shares fell about 18% after the company lowered its full-year financial forecast for the second time, reflecting ongoing challenges. In Q2 2026, total net revenue dropped 4% to $2.40 billion, with a 10% fall in comparable sales ...
lululemon athletica inc. reported a significant revenue decline in Q2, missing estimates and forecasting its first full-year revenue drop since going public. The Americas region saw an 8% revenue drop and 12% decline in comparable sales, while intern...
Lululemon's shares fell 17% after reporting a 4% revenue decline to $2.4 billion in Q2 and a 9% drop in comparable sales, missing estimates. The company cut its full-year 2026 revenue guidance to $10.35-$10.5 billion from $11.04 billion and lowered E...
Lululemon's stock fell 20% to $97.85 after the company cut its full-year earnings guidance for the second time in 2026, citing weaker demand and a slow start to Q3. The athletic apparel retailer reported a 10% drop in Q2 comparable sales, with leggin...
Lululemon Athletica's shares dropped sharply by 19.22% to $98.37, reaching their lowest level since 2018 after the company reported disappointing earnings and revenue guidance. The firm missed revenue estimates and forecasted lower sales for Q3 and t...
