Pins matching tag:"Guidance Cut"

Revenue rose 7% to $2.4 billion but Americas comparable sales fell 2%, and Lululemon lowered its full-year EPS outlook to $14.58-$14.78, sending the shares down about 20% the next day.

Lululemon cut its full-year EPS outlook to $12.77-$12.97, citing about $240 million of tariff and de minimis costs, as Americas comparable sales fell 4%; the shares fell about 20%.

Lululemon cut its 2026 EPS outlook by more than $1 to $10.95-$11.15 and forecast falling sales, blaming negative media commentary and weak product launches; the shares fell 11% after hours.

Revenue fell 4% and comparable sales 9%, and Lululemon cut its 2026 outlook to a 5-7% sales decline and EPS of $9.48-$9.73; a $134.5 million tariff refund propped up margins, and the shares fell about 20%.