From Yahoo Finance: 2025-06-05 16:12:00

Lululemon cuts profit forecast due to higher costs from U.S. tariffs and lackluster demand. Shares drop 22%. Economic uncertainty and inflation impact store traffic. Companies raising prices and diversifying sourcing. Lululemon plans strategic price increases and cost cuts. Profit expectation lowered to $14.58-$14.78 per share from $14.95-$15.15. Second-quarter profit forecast also below estimates. New products haven’t boosted sales as expected.



Read more at Yahoo Finance: Lululemon tumbles as slowing demand, tariff costs prompt annual profit cut