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Lululemon shares drop 15% as CEO says inflation, economic concerns are weighing on spending - TL;DR CNBC

Lululemon shares drop 15% as CEO says inflation, economic concerns are weighing on spending

Publishing timestamp: 2025-03-27 20:29:32


Summary

Lululemon reported earnings and revenue beats for Q4, but its 2025 guidance fell below expectations, leading to a 15% drop in shares. CEO mentioned economic uncertainty affecting U.S. traffic, but minimal disruption expected from tariffs. Company beat expectations for earnings and revenue, but concerns about weakening economy and tariffs led to slower sales expectations.


Sentiment: MIXED

Tickers: LULU

Keywords: lululemon athletica inctariffearningsdonald j. trumpbreaking news: earningsbusiness newsretail industryapparel retailbreaking news: business

Source: https://www.cnbc.com/2025/03/27/lululemon-lulu-earnings-q4-2024.html


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