Why Lululemon (LULU) Shares Are Falling Today
Shares of athletic apparel and accessories retailer Lululemon (NASDAQ:LULU) fell 18.9% in the morning session after the company reported fourth-quarter results and provided full-year revenue and earnings guidance, which fell short of Wall Street's estimates. On the other hand, Lululemon slightly topped analysts' revenue and EPS expectations during the quarter. The company's growth was driven by a 12% increase in its same-store sales, with American stores growing 7% and international stores growi
Shares of athletic apparel and accessories retailer Lululemon (NASDAQ:LULU) fell 18.9% in the morning session after the company reported fourth-quarter results and provided full-year revenue and earnings guidance, which fell short of Wall Street's estimates. On the other hand, Lululemon slightly topped analysts' revenue and EPS expectations during the quarter. The company's growth was driven by a 12% increase in its same-store sales, with American stores growing 7% and international stores growi
Shares of athletic apparel and accessories retailer Lululemon (NASDAQ:LULU) fell 18.9% in the morning session after the company reported fourth-quarter
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