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Tag

lulu

2 articles

U.S. Equities36d ago

JPMorgan Cuts Lululemon to $95 on 60% Q3 Miss: Margin Collapse Ahead

Analyst Matthew Boss slashed his price target 38% after Lululemon's Q2 results and guidance revealed North America comps down 12%, China growth stalling, and Q3 EPS 60% below consensus.

U.S. Equities40d ago

Lululemon Slashes Q3 Guidance: Mid-Teens North America Decline Shows Deeper Demand Crisis

Lululemon projects Q3 revenue down 10-11 percent and North American sales falling mid-teens, citing negative publicity and weak product launches as demand craters in its core market.