Lululemon Stock Plunges 9.81% on Weak Outlook

Generado por agente de IAAinvest Movers Radar
jueves, 3 de abril de 2025, 4:53 am ET1 min de lectura
LULU--

On April 3, 2025, LululemonLULU-- Athletica's stock experienced a significant drop of 9.81% in pre-market trading, marking a notable decline in its share price.

Lululemon Athletica's stock has been under pressure due to a weak outlook, which has led to price target cuts by analysts. The company's long-term earnings per share (EPS) growth has slowed from an average of over 20% per year to just 10.5% over the past 12 to 18 months. This decline in growth prospects has contributed to the recent sell-off in the stock.

Additionally, market uncertainty and weak demand have further impacted Lululemon's forecasts. The company's shares fell 13% on Friday after it gave downbeat guidance, reflecting the challenges it faces in the current market environment. The combination of these factors has led to a significant drop in Lululemon's stock price, with investors expressing concerns about the company's future performance.

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