Lululemon Q2 misses; lowers full-year guidance after weak sentiment
Lululemon said Q2 revenue and earnings fell short of expectations amid weak brand sentiment and inconsistent product launches, especially in North America and China. It lowered annual guidance and emphasized product innovation, marketing and cost control.
Q2 revenue and earnings fell short of expectations due to weak brand sentiment and inconsistent product launches, especially in North America and China.
Guidance for the year was lowered, with management focusing on product innovation, marketing, and cost control to drive recovery.Based on lululemo…