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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 ...
The company believes that levies from Donald Trump have hurt their business, as well as lower consumer spending. Calvin McDonald, CEO of Lululemon said “Consumers are spending less due to ...
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 ...
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 stock (LULU ... has contributed to a more cautious consumer," McDonald told investors on a call Thursday evening. "Consumers are spending less due to increased concerns about inflation ...
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.
Lululemon reported a strong fourth quarter where revenue increased 13%. But the popular active-wear retailer had a modest outlook for this year based on uncertainty about tariffs and lower consumer ...
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 ...
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