Reuters
05 Jun 2026, 09:31 UTC · 2h ago
Lululemon slides as bleak forecasts deepen turnaround worries
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Reuters
05 Jun 2026, 09:31 UTC · 2h ago
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Story key points
3 claims · impact-rated
Lululemon provided bleak quarterly and annual profit outlooks. — Forward-looking guidance on profitability is a primary driver of valuation and suggests a decline in fundamental growth.
-0.80The company is facing slowing demand in the U.S. market. — Weakness in the primary consumer market indicates a broader slowdown in brand heat and top-line revenue potential.
-0.60Lululemon is contending with increased competition and rising tariff costs. — These factors compress profit margins and threaten market share, adding systemic pressure to the bottom line.
-0.40Ticker attribution
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Shares dropped significantly following bleak profit outlooks and slowing U.S. demand.
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