Tag: lululemon
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Lululemon Stock Plunges Over 20% on Weak Q2 Sales and Significant Fiscal 2026 Outlook Reduction
Lululemon Athletica Inc. (LULU) shares experienced a dramatic pre-market plunge, falling 20.42% to $96.91, following the release of disappointing second-quarter sales results and a significantly reduced fiscal 2026 outlook. This sharp reversal came after the stock had closed Thursday at $121.77, recording a modest gain of 1.42%. The earnings announcement, which occurred after market close…
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