Lululemon's stock price plummets! Comparable sales decline for the first time since the pandemic, full-year guidance revised downwards for the second consecutive year, new CEO faces challenges | Financial Report Insights
Lululemon's growth difficulties are deepening.
On Thursday local time, sportswear brand Lululemon Athletica announced its second-quarter results for fiscal year 2026: revenue fell 4% year-over-year to $2.4 billion, or 5% at constant currency; comparable sales fell 9%, or 10% at constant currency, marking the first decline since