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Stock impact report

Lululemon Stock Sinks on Outlook, but Is It Time to Buy the Dip? [Yahoo! Finance]

lululemon athletica inc. (LULU) 
Last lululemon athletica inc. earnings: 3/26 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.lululemon.com
Company Research Source: Yahoo! Finance
The stock price fell around 25% in 2024 and is trading down more than 26% to start this year following the company's most recent earnings report and guidance release. Investors have been worried about changing fashion trends and Lululemon's growth after some earlier missteps, including the disappointing summer 2024 launch of its Breezethrough leggings, which were aimed at hot-yoga enthusiasts. Let's dive into its latest earnings report to see if the stock can come back in fashion. Despite the big decline in its stock price, Lululemon actually turned in solid quarterly results. However, the athleisure apparel producer issued cautious guidance, noting uncertainty over the economy and geopolitical tensions. Lululemon is a Canadian company and there has certainly been unprecedented tension with the threat of U.S. tariffs, as well as the U.S. making unwanted overtures toward Canada about becoming the 51st state. Lululemon said it conducted a consumer survey earlier in March that sh Show less Read more
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