Lululemon shares fall after full-year forecast cut again
Lululemon Athletica (LULU) shares fell about 18% in premarket trading Friday after the sportswear maker cut its full-year forecast for a second time.
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Lululemon cuts 2026 full-year revenue outlook after second-quarter miss
Lululemon reported second-quarter revenue of $2.4 billion, down 4% year over year, and lowered full-year revenue guidance to $10.35 billion-$10.5 billion, citing softer sales trends and inconsistent product launch performance.