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Why did Lululemon stock crash 20% after earnings, and is the brand in trouble?

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For years, Lululemon could sell premium leggings with pricing power and customer loyalty most apparel companies envied. Its latest quarter suggests that advantage is being tested. Revenue fell 4% to $2.42 billion in fiscal Q2, comparable sa…

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Why did Lululemon stock crash 20% after earnings, and is the brand in trouble?
Invezz 2h ago

Why did Lululemon stock crash 20% after earnings, and is the brand in trouble?

For years, Lululemon could sell premium leggings with pricing power and customer loyalty most apparel companies envied. Its latest quarter suggests that advantage is being tested. Revenue fell 4% to $2.42 billion in fiscal Q2, comparable sa…