Reported 1 day ago
Lululemon Athletica Inc. (LULU), valued at $19.9 billion, has seen a significant decline in its stock price, dropping 61.3% from its 52-week high and trailing the S&P 500 Index by a considerable margin over the past year. The company reported a 7% revenue increase in its latest fiscal quarter but faced challenges with declining U.S. sales and rising tariffs. Following weak forecasts, LULU shares plummeted 18.6% in the next trading session, prompting a consensus rating of 'Hold' among analysts.
Source: YAHOO