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Lululemon Slumps on Earnings. Bargain Hunters Beware.
Barrons.com60d agobearish
Lululemon Slumps on Earnings. Bargain Hunters Beware.

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.

Lululemon shares fall on weak sales outlook as Q1 earnings top estimates
Proactive61d agobearish
Lululemon shares fall on weak sales outlook as Q1 earnings top estimates

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...

Tariff-Driven Inflation Is Trapping Mortgage Rates, and the Fed Can’t Fix It with Rate Cuts
24/7 Wall St.63d agobearish
Tariff-Driven Inflation Is Trapping Mortgage Rates, and the Fed Can’t Fix It with Rate Cuts

On 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

62-year-old sports retail giant cuts 100s of jobs
TheStreet97d agobearish
62-year-old sports retail giant cuts 100s of jobs

Sportswear 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 ...