Yahoo Finance106d agobearish
Lululemon stock tumbles on trimmed guidance as founder drama creates 'headwinds'Lululemon's new CEO has a windy road ahead.
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The Wall Street Journal106d agobearish
Lululemon Cuts Outlook as Headwinds MountThe athleisure company now expects sales to be down to flat this year, compared with its prior forecast for growth.
Proactive106d agobearish
Lululemon shares fall on weak sales outlook as Q1 earnings top estimatesLululemon 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...
Reuters106d agobearish
Lululemon cuts annual forecasts amid slowing demand in USJune 4 (Reuters) - Lululemon Athletica cut its annual revenue and profit forecast on Thursday, as the athletic apparel maker grapples with waning brand appeal in the U.S. amid tough competition,
24/7 Wall St.109d agobearish
Tariff-Driven Inflation Is Trapping Mortgage Rates, and the Fed Can’t Fix It with Rate CutsOn a recent Rich Habits Podcast segment, market commentator Ron Santella put it bluntly: “The playbook from last week hasn’t changed. It’s actually gotten more entrenched. Higher for longer is the base case.” For households waiting on a refinance or a first home purchase, he was even more direct: “Today’s report tells you it’s not ... Tariff-Driven Inflation Is Trapping Mortgage Rates, and the Fed Can’t Fix It with Rate Cuts
Sourcing Journal123d agobearish
Amazon Hit With Consumer Lawsuit Over Trump Tariff RefundsThe class-action complaint claims Amazon prioritized political goodwill over reimbursing shoppers for invalidated IEEPA tariffs.
TheStreet143d agobearish
62-year-old sports retail giant cuts 100s of jobsSportswear is still a growth market, but not every brand is winning equally. North American retail sales of sports-related apparel and footwear were projected to reach $173 billion in 2025 and rise to $209 billion by 2029, according to a McKinsey & Company report. But the report also ...