Lululemon China downturn raises visibility concerns, Stifel says
Market talk says Lululemon’s worsening mainland China business adds uncertainty to the company’s potential recovery. Stifel analysts cite China as a former bright spot and strongest regional sales contributor, with executives warning of a deteriorating market.
Lululemon Athletica's worsening Chinese business has added new uncertainty to the company's potential recovery.
The Mainland China business had been one of the few bright spots and the strongest regional contributor to sales, Stifel analysts say.
Yet executives say the Chinese market had a bad seco…