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

Lululemon shares cratered to an eight-year low after the company gutted its full-year outlook, and with a brand new CEO stepping in next week and leggings sales in freefall, the question is whether anyone can stop the bleeding.

Lululemon shares plunged after another guidance cut.

Lululemon is slashing this format nearly in half by year-end as sales slump.

(Updates with latest market prices and developments.) US benchmark equity indexes fell intraday a

Lululemon Athletica Inc. lowered its full-year outlook for a second straight quarter, reflecting the deepening challenges incoming Chief Executive Officer Heidi O'Neill will face when she takes over the top job next week.  Sales are now projected to be in a range of $10.35 billion to $10.5 billion in the current fiscal year that ends in early 2027. That's down from June's annual forecast, which was itself reduced from the previous view. The company also trimmed its outlook for earnings per share after reporting its first decline in comparable sales since the pandemic when they temporarily stopped reporting the measure. We get reaction from Poonam Goyal, Senior US Retail Analyst for Bloomberg Intelligence.

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All three major US stock indexes were down on Friday after a strong August jobs report increased exp

On this episode of Stock Movers: - Lululemon (LULU) shares are diving as its China business is showing signs of strain, with revenue in mainland China falling 2% in the second quarter after adjusting for currency fluctuations. - Tesla (TSLA) shares are lower on news it formally rolled out the Cybercab for robotaxi service, a long-anticipated step in Elon Musk's effort to push the company away from its roots as an auto manufacturer. The US National Highway Traffic Safety Administration opened a probe into the process and technical data on which Tesla relied when it self-certified the vehicles as compliant with federal safety standards. - Robinhood (HOOD) is down as AMC Entertainment boss Adam Aron criticized Robinhood Markets Inc. after the platform launched a tokenized version of the theater chain's shares.

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.

Tariff refunds of $134.5 million added $0.86 per share to the quarter

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.

U.S. stock futures were little changed on Friday as investors remained cautious ahead of Friday’s closely watched U.S. jobs report, while comments from Federal Reserve Governor Christopher Waller helped ease some concerns over an imminent interest-rate hike.

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

The activewear retailer said it now expects annual sales to be $10.35 billion to $10.5 billion, down from its previous guidance of $11 billion to $11.15 billion.

Lululemon Athletica’s shares were down around 18% in recent post-market trading after the athletic-gear maker reported disappointing earnings. Its weakening financial position creates challenges for incoming Chief Executive Heidi O’Neill, who will start her new job next week. The former Nike executive will need to turn around sales in the Americas, where Lululemon has lost dominance to newer brands.

Lululemon Athletica best known for its yoga clothes and other specialty athleticwear, reported quarterly revenue that fell short of expectations. For its second fiscal quarter ended in July, Lululemon reported sales of $2.4 billion, below the $2.458 billion Wall Street expected, and down from $2.525 billion in the year-ago quarter. Adjusted earnings of $2.92 a share beat projections for $1.79 a share, but that included 86 cents a share from federal tariff refunds.

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 Athletica Inc. lowered its full-year outlook for a second straight quarter, signaling deep challenges for incoming Chief Executive Officer Heidi O’Neill.

The lawsuit was filed in California, which has a law that bans deceptive reference prices.

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.

Investing.com -- BTIG downgraded Lululemon Athletica to Neutral from Buy in a note on Friday, citing deteriorating sales trends, reduced earnings visibility, and uncertainty ahead of a leadership transition, analyst Janine Stichter said.

Tariffs and Americas weakness push full-year EPS guidance down

Stock Market Today: The Dow Jones index rose Friday ahead of the May jobs report. Lululemon stock plunged on earnings.

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

Lulu on Thursday slashed both its full-year revenue and earnings guidance, though it excludes possible tariff refunds.