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.
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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 reported second-quarter revenue of $2.42 billion, below the $2.46 billion consensus, and lowered full-year revenue guidance to $10.35 billion-$10.50 billion from $11 billion-$11.15 billion.