Lululemon (LULU.US) plummets after hours! Lowering full-year profit guidance in light of tariff pressures, considering raising prices on some products.
Wisdom Financial APP learned that the first-quarter performance of Lululemon Athletica (LULU.US) for the 2025 fiscal year, as well as the company's downward adjustment of its full-year profit guidance, have raised concerns that intense competition and trade policies may be undermining the company's ambitious growth plans. As a result, Lululemon's stock fell by as much as 23% in after-hours trading on Thursday.
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