Lululemon plunged 21% after hours as the company lowered its full-year earnings guidance, mentioning a "dynamic macro environment."
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Lululemon's stock price fell 21% in after-hours trading and lowered its full-year performance guidance, mentioning a "dynamic macro environment." The company maintains its full-year net sales expectation between $11.15 billion and $11.30 billion, with analysts expecting $11.29 billion. The expected net revenue for the second quarter is between $2.54 billion and $2.56 billion, with analysts expecting $2.57 billion
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