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Lululemon Shares Drop Over 20% Amid Lowered Guidance and Growth Concerns

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Source: CNBC
Lululemon Shares Drop Over 20% Amid Lowered Guidance and Growth Concerns
Photo: CNBC
TL;DR

Lululemon's shares fell 20% after it beat first-quarter earnings expectations but cut its full-year guidance due to a challenging macroeconomic environment, tariffs, and economic slowdown fears, leading to a significant stock decline despite strong quarterly revenue and profit.

Topics:top-newsbusiness#business#earnings-guidance#lululemon#retail-industry#stock-plunge#tariffs
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  1. Lululemon shares tumble 20% as it cuts full-year guidance, citing 'dynamic macroenvironment'  CNBC
  2. Lululemon’s shares sink on forecast. But it says it plans to ‘play offense.’  MarketWatch
  3. Lululemon Projects Lower-Than-Expected Growth for Second Quarter  Bloomberg
  4. Lululemon Stock Plummets 21% in Late Trading on Cut Guidance  Barron's
  5. Lululemon (NASDAQ:LULU) Posts Q1 Sales In Line With Estimates But Stock Drops 15.5%  Yahoo Finance

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