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Lululemon shares drop 15% as CEO says inflation, economic concerns are weighing on spending
Lululemon beat Wall Street expectations for fiscal fourth-quarter earnings and revenue, but issued 2025 guidance that disappointed analysts.
Lululemon warns about 'cautious consumer' as inflation, tariff concerns take a toll
Lululemon stock fell 15% in afternoon trading after CEO Calvin McDonald said consumers are beginning to spend less in response to increased fears about the US economy.
Lululemon Says It's Tackling 'Newness' Issues. The Economy Isn't Cooperating.
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 Thursday, CEO Calvin McDonald updated ...