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-3.51044207770388E-05 -0.000178497054798603 -0.00237996073064781 -0.00220146367584921 0.00154697447492128 -0.00699113464627824 -0.00889510323079655 -0.0159457368953411
Stock impact report

Lululemon forecasts second profit decline as Americas revenue falls 4% [Yahoo! Finance]

lululemon athletica inc. (LULU) 
Last lululemon athletica inc. earnings: 3/26 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.lululemon.com
Company Research Source: Yahoo! Finance
This article first appeared on GuruFocus Lululemon ( NASDAQ:LULU ) is entering a more challenging phase, with the company forecasting a second consecutive year of profit declines as it navigates product issues, rising competition, and an ongoing leadership transition. The outlook came alongside a sales forecast that fell short of expectations compiled by Bloomberg, reinforcing concerns that the brand may be struggling to regain the growth profile it once delivered. The latest earnings update did not include a new chief executive officer, despite some expectations for an announcement, though the company did appoint a long-time apparel executive to its board. Warning! GuruFocus has detected 2 Warning Sign with DLAKY. Is LULU fairly valued? Test your thesis with our free DCF calculator. Pressure is becoming more evident in its core business. Revenue in the Americas declined 4% in the fourth quarter, reflecting weaker demand and a greater reliance on markdowns, while competition Show less Read more
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