Mar 22, 10:16 PM

Lululemon Warns of Slowing NA Sales, Shares Drop 13.3%; Nike Also Sinks Amid Gloomy Forecasts, Competition

Lululemon ($LULU) warns of slowing North America sales leading to a 13.3% pre-market drop. Nike ($NKE) and Lululemon shares sink as both companies disappoint investors with weak outlooks, facing growing competition and gloomy forecasts.

#Lululemon #North America #Nike

Written with ChatGPT (GPT-3).

Sources

Barchart@Barchart
2 years ago
Lululemon $LULU suffered its largest decline in more than 3 years after the company disappointed Wall Street with its latest earnings report https://t.co/3C7Hr9Ndfv
CNBC@CNBC
2 years ago
LISTEN NOW: Shares of Nike and Lululemon getting stretched, as the retailers both disappoint investors with weak outlooks. Listen to the @CNBCFastMoney podcast here: https://t.co/2KdGymzp3L https://t.co/kSegtitTpD
NY Post Business@nypostbiz
2 years ago
Nike, Lululemon shares sink as gloomy forecasts alarm analysts https://t.co/bbisLYrjRo https://t.co/wbXs6Mdg5Y

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Lululemon Warns of Slowing NA Sales, Shares Drop 13.3%; Nike Also Sinks Amid Gloomy Forecasts, Competition

Sources

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