Lululemon Athletica Stock News

Lululemon Athletica is focusing on new products and community events to draw customers at a time when many are concerned about inflation and the economy.

Major U.S. equities indexes tumbled after Friday's inflation report came in hot, and consumer sentiment weakened significantly.

Inflation worries are showing up in both hard and soft data.

Shares of Lululemon Athletica (LULU -14.81%) plunged on Friday, falling 14.3% as of 11:45 a.m. ET.

Lululemon Athletica Inc (NASDAQ:LULU) continues to see strong customer interest in new products, but weaker foot traffic has weighed on its outlook, analysts say. The athleticwear company's shares are down more than 14% on Friday following yesterday's earnings release that showcased weak first-quarter guidance, overshadowing its stronger-than-expected fourth-quarter results.

Lululemon stock plunged after the company gave a weak outlook, citing slower consumer traffic and concern about the economy. The post Analysts Fear Lululemon's Woes Could Drag On Throughout The Year; Stock Plunges 15% appeared first on Investor's Business Daily.

Shares of apparel retailer Lululemon Athletica (LULU) sank Friday as a soft outlook outweighed an estimate-topping fourth quarter reported after the bell Thursday.

Lululemon Athletica Inc. may be wrestling with tariffs, consumer uncertainty and a pressing need to boost brand awareness, but analysts still see plenty of positives ahead for the athleisure giant.