
Lululemon's stock dropped significantly after the company issued a soft revenue forecast and provided weak guidance for the future. Despite beating Q4 expectations, the CEO mentioned a shift in U.S. consumer behavior affecting the market. The North American growth of Lululemon has slowed, leading to a 10% decline in the stock price after hours.
Lululemon's North America growth stagnates, retailer issues weak guidance $LULU https://t.co/rbP5TJORC4
$LULU (-10.5% after-hours) is getting undressed after guiding down on its report and issuing spooky comments about state of retail "There's been a change in the U.S. consumer, slower start to the year in the U.S." - CEO Calvin McDonald https://t.co/YqugPf8snO
Lululemon forecasts annual outlook below estimates, stock slumps 10% https://t.co/N7QVbcaM7k https://t.co/mrKKX6wuSY


