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.
The stock of Canada’s Lululemon Athletica (LULU) is down 20% after the retailer delivered financial results and guidance that fell short of Wall Street’s expectations.The Vancouver-based company posted earnings per share (EPS) of $2.92 U.S., which topped analysts’ consensus forecast of $1.79 U.S.Ho…