Lululemon plunged 21% after hours as the company lowered its full-year earnings guidance, mentioning a "dynamic macro environment."
Lululemon's stock price fell 21% in after-hours trading and lowered its full-year performance guidance, mentioning a "dynamic macro environment." The company maintains its full-year net sales expectation between $11.15 billion and $11.30 billion, with analysts expecting $11.29 billion. The expected net revenue for the second quarter is between $2.54 billion and $2.56 billion, with analysts expecting $2.57 billion
Lululemon maintains its full-year net sales expectation at USD 11.15 billion to USD 11.30 billion, with analysts expecting USD 11.29 billion. The expected net revenue for the second quarter is USD 2.54 billion to USD 2.56 billion, with analysts expecting USD 2.57 billion.
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