Menu
Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Why Lululemon Stock Fell Sharply in September


Shares of Lululemon Athletica (NASDAQ: LULU) fell 12% in September, according to data from S&P Global Market Intelligence, as investors digested the athleisure company's disappointing outlook in its Sept. 4 earnings report amid a tougher backdrop for U.S. apparel.

"While we continued to see positive momentum overall in our international regions in the second quarter, we are disappointed with our U.S. business results and aspects of our product execution," said Lululemon CEO Calvin McDonald in the company's fiscal second-quarter update.

Image source: Getty Images.

Continue reading


Source Fool.com

Lululemon Athletica Inc. Stock

€143.44
1.600%
Lululemon Athletica Inc. gained 1.600% today.
Our community is currently high on Lululemon Athletica Inc. with 65 Buy predictions and 6 Sell predictions.
Based on the current price of 143.44 € the target price of 341 € shows a potential of 137.73% for Lululemon Athletica Inc. which would more than double the current price.
Like: 0
Share

Comments