Lululemon Q2 misses; lowered full-year outlook prompts analyst target cuts
Lululemon reported Q2 revenue of $2.42B vs $2.46B consensus and Q2 EPS of $2.92. The company lowered full-year revenue outlook to $10.35B–$10.50B and EPS to $9.48–$9.73. Shares fell 20.3% pre-market.