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Lululemon Athletica Issues Weak Fiscal First-Quarter Outlook Amid Cautious Consumer SpendingLululemon Athletica (LULU) shares tanked early Friday as the athletic apparel and footwear company provided a fiscal first-quarter outlook below market estimates amid cautious consumer spending ...
Executives said consumers are being cautious with their spending, which is impacting traffic to its stores. Shares of apparel retailer Lululemon Athletica (LULU) sank Friday as a soft outlook ...
and found “consumers are spending less due to increased concerns about inflation and the economy.” At Lululemon, low consumer confidence is “manifesting itself” into slower foot traffic in ...
In the athletic wear company’s latest earnings conference call Thursday, CEO Calvin McDonald updated investors on how Lululemon has been addressing the "newness" issue—meaning, in short ...
Lululemon said, joining Walmart and a myriad of firms that have said fresh levies from U.S. President Donald Trump would hurt their businesses. "Consumers are spending less due to increased ...
This issue may be Lululemon's greatest growth threat ... credit card debt growth and more reductions in discretionary consumer spending. We're not seeing fundamentals in inflation and wage ...
Lululemon Athletica’s (LULU) stock is down 10% after the athletic apparel retailer issued weak forward guidance and warned that consumer spending ... Report an Issue Lululemon Athletica NewsMORE ...
Lululemon’s (LULU) CEO says the company is tackling its “newness” problems. Unfortunately, it has other problems, too. In the athletic wear company’s latest earnings conference call ...
This included a 20-basis-point hit from tariffs, Lululemon said, joining Walmart and a myriad of firms that have said fresh levies from U.S. President Donald Trump would hurt their businesses.
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