Lululemon shares plunge after EPS and guidance miss expectations
LULU stock is down 20% after results and guidance fell short of Wall Street expectations. Lululemon posted EPS of $2.92 U.S., topping consensus of $1.79 U.S.
Lululemon Athletica shares are down 20% after the retailer reported financial results and guidance that fell short of Wall Street expectations. The Vancouver-based company posted EPS of $2.92 U.S., above analysts’ consensus forecast of $1.79 U.S.