Re: LULU

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cnbc.com - Lululemon lulu q2 earnings

They seem to be putting a lot of blame on tariffs, but it seems their products are also an issue

Lululemon
shares plunged in extended trading Thursday after the company gave a much worse than expected full-year outlook.

The company topped second-quarter earnings estimates but slightly missed revenue expectations. But it said it expected tariffs to hit its full-year profits by $240 million.

Lululemon said it expects full fiscal year earnings of $12.77 to $12.97 per share, well below Wall Street estimates of $14.45 per share. It also anticipates full-year revenue of $10.85 billion to $11 billion, compared with Wall Street expectations of $11.18 billion.

and

“We have become too predictable within our casual offerings and missed opportunities to create new trends,” he said, identifying those issues as the “root causes” of the company’s product challenges in the U.S.

might need to pull the plug on this...

tecmo
...

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