Lululemon (LULU) Stock: Plunges 20% After Weak Q2 Sales and Guidance Cut

TLDR Lululemon stock drops 20% after weak Q2 sales and a reduced fiscal 2026 outlook. Americas revenue falls 8% as comparable sales slide 12% in the second quarter. Lululemon cuts 2026 revenue guidance as demand pressure hits its core market. Q2 operating income falls 13% despite tariff refunds lifting gross margins. Full-year EPS guidance drops [...]

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