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Nike's (NKE) fiscal first-quarter earnings could miss Wall Street's projections amid deteriorating g

Lululemon shares plunged after another guidance cut.

Lululemon just cut guidance for the second time this year and the stock cratered below $100, but at least one famous contrarian investor sees a generational buying opportunity in the wreckage while analysts warn the pain is far from over.

The athletic apparel retailer now expects full-year revenue to fall as much as 7%, down sharply from prior guidance

(Updates with the latest stock price movement in the headline and the first paragraph.) Lululemon

Lululemon Athletica Inc. (NASDAQ:LULU) shares fell more than 17% in pre-market trading on Friday after the athletic apparel retailer lowered its fiscal 2026 guidance again, despite reporting second-quarter adjusted earnings above analyst expectations.

Lululemon stock fell 18% to an 8-year low after its third guidance cut in 2026, extending a year of turmoil.

Investing.com -- Lululemon Athletica Inc. (NASDAQ:LULU) reported second-quarter results that topped earnings expectations but missed on revenue, while issuing guidance that fell drastically short of Wall Street estimates, sending shares tumbling 15%.

Yahoo Finance Senior Business Reporter Brooke DiPalma joins Market Domination Overtime to unpack Lululemon's (LULU) Q2 results as the company slashes its outlook, citing "challenging dynamics."

Lululemon stock sinks on disappointing full-year guidance. Freedom Broker cuts the price target on LULU shares by more than half.

It’s been easy to call a bottom in Lululemon Athletica in recent years–just keep waiting another day. The specialty athleticwear company, which had already dropped nearly 40% year to date alone before it reported fiscal first-quarter earnings after the bell Thursday, didn’t reward bargain hunters. The quarter itself was better than expected, but the full-year outlook was the culprit: Lululemon said it will earn between $10.95 and $11.15 a share on revenue that will be flat or down 1%, translating into $11 billion to $11.15 billion.

The athleisure company now expects revenue to decline as much as 1% for the year, down from prior guidance of 2% to 4% growth

Lululemon's new CEO has a windy road ahead.

Lululemon Athletica Inc (NASDAQ:LULU) shares fell about 10% in after-hours trading on Thursday after the athletic apparel retailer issued guidance pointing to a potential decline in sales, despite reporting first-quarter results that narrowly topped Wall Street expectations. The company...