Lululemon Athletica: LULU pummeled 16% after cutting revenue guidance for 2024

A Wall Street favorite, Lululemon Athletica (LULU) stock was dashed against the rocks on Friday due to management’s lower outlook for revenue in the current year.
A Wall Street favorite, Lululemon Athletica (LULU) stock was dashed against the rocks on Friday due to management’s lower outlook for revenue in the current year.

Business News Digest

Lululemon Athletica raises financial guidance for fourth quarter

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Lululemon Stock Drops 16% Despite Earnings Beat, as Guidance Is

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