Lululemon shares plunge after Q2 earnings as product innovation falters
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$38.77 +1.39%
View chart & analysis → - 1Lululemon (LULU) shares fell sharply after its second-quarter earnings release
- 2Prolonged reliance on legging colors and styles has driven customers to SKIMS, Alo Yoga, Vuori and others
- 3The company is debt-free with ample cash and has bought back shares, but sharply slowing sales growth makes product development the key challenge
This 3-line summary is compiled from the report below.
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