MarketWatch
US · 1 hrs ago
✦ 78◉ Centre
Lululemon admits far more work is needed for a turnaround, and its stock sinks
78Quality
0Ratings
0Comments
AI Analysis
Quality 78/100
Partisan intensity 35/100
ObjectivePartisan
◉ Centre ✓ Fair headline
Lululemon has lowered its full-year financial forecast due to anticipated sales weakness, signalling that the company's turnaround efforts require more extensive work than previously indicated.
Lululemon admits far more work is needed for a turnaround, and its stock sinks
Problems continue to add up for Lululemon, as the yoga-wear maker on Thursday trimmed its full-year forecast to account for a potential dip in sales this year.
Discussion 0 comments
Sort:
?
No comments yet — be the first to start the discussion!