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Lululemon Stock Plummets Amid Growth Concerns and Retail Missteps
Lululemon Stock Plummets Amid Growth Concerns and Retail Missteps
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BTCCSquare news:
Lululemon Athletica (LULU) faces its steepest decline in years, with shares halving in value amid weak Q2 results and slashed growth projections. The Canadian athleisure giant reported $2.53 billion in revenue—6.8% year-over-year growth but $40 million below expectations—as tariffs, macro headwinds, and fashion trend missteps eroded confidence.
Analysts now question whether the company's fundamentals have peaked. Without bold innovation or leadership changes, the current earnings slump risks becoming systemic. While the valuation appears discounted, the lack of a clear bottom makes LULU a Hold for now.
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