From Yahoo Finance: 2025-06-07 15:07:00

Lululemon Athletica Inc. (LULU) took a shocking nosedive, dropping by 19.8% to $265.27 per share after disappointing earnings and outlook guidance. Net income for the first quarter decreased by 2% to $314 million, while net revenues grew by 7% to $2.37 billion year-on-year.

For the second quarter, LULU expects net revenue to range from $2.535 billion to $2.56 billion, with a full-year target of $11.15 billion to $11.3 billion. JPMorgan and UBS reduced price targets to $303 and $290, respectively. LULU ranks as the worst-performing stock, with potential in AI stocks for higher returns.

Overall, LULU’s performance on Friday was lackluster due to disappointing earnings and outlook guidance. Despite its potential, AI stocks offer greater promise for higher returns with limited downside risk. Investors can explore the best short-term AI stock for potential gains amid market fluctuations.



Read more at Yahoo Finance: Why Lululemon Athletica Inc. (LULU) Crashed On Friday