Lululemon stock drops 18% after Q2 revenue, sales miss
Lululemon (LULU) fell 18.14% premarket after reporting second-quarter net revenue of $2.42 billion (down 4%) and comparable sales down 9%. Analysts expected $2.46 billion. Diluted EPS was $2.92.
Lululemon Athletica inc.
NASDAQ:LULU fell 18.14% premarket after reporting second-quarter net revenue of $2.42 billion, down 4%, and comparable sales down 9%.
Analysts had expected $2.46 billion.
Diluted EPS came in at $2.92 against $3.10 a year earlier.
That figure includes $0.86 from Internationa…