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Lululemon 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 ...
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 ...
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 ...
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 ...
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 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 ...
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 ...
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 ...