Lululemon U.S. Performance Deteriorating -- Market Talk
Dow Jones
Jun 05
0911 GMT - Lululemon Athletica's first-quarter results show the athleisure group is doing worse in the U.S., Jefferies' Randal Konik writes. The group forecast second-quarter revenue and earnings below consensus expectations, with the company pointing to worsening sales trends. A fall in the group's sales-to-floor space ratio remains the key risk to the company's stock, the analyst writes. "We remain focused on store productivity." Lululemon tumbles close to 12% in premarket trade, pointing to an extension of the stock's difficult run so far this year. Shares are down 40% for the year to Thursday's close. (josephmichael.stonor@wsj.com)
(END) Dow Jones Newswires
June 05, 2026 05:11 ET (09:11 GMT)
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