Lululemon cuts 2026 outlook; shares sink 11% after hours
What's new: The retailer now sees annual sales as low as $11 billion and earnings as low as $10.95 a share, both below Wall Street targets.
#Lseg
2 stories on this subject
Victoria’s Secret jumps 47% after lifting 2026 sales, profit outlook
What’s new: First-quarter revenue rose 15% to $1.56 billion, and the retailer now sees up to $580 million in adjusted operating income.
Bloomberg, CNBC +1