BUSINESSJun 4 · 21:05 UTCMARKETWATCHBill Peters

Lululemon admits far more work is needed for a turnaround, and its stock sinks

Lululemon acknowledges significant challenges in its turnaround efforts and has lowered its full-year sales forecast. The company's stock price declined following the announcement.

Nexus surfaces and summarizes. The full story lives at the source.

Mentioned

Lululemonorganizationsales diptopicturnaroundtopic

Spot something wrong with this article?Report a problem →

Forward this

Related Signal

Adjacent reporting

BUSINESSJun 3 · 22:43 UTC
Petco Slides as CEO Comments Show Turnaround Not Finished
BUSINESSApr 29 · 06:17 UTC
Aston Martin Posts Another Loss as Turnaround Effort Stalls
BUSINESSMay 12 · 12:46 UTC
Under Armour’s stock tumbles as surging costs eat away at earnings
BUSINESSMay 7 · 21:40 UTC
Trade Desk’s stock falls as earnings suggest the company’s problems are intensifying
BUSINESSMay 6 · 21:09 UTC
Zillow Shares Drop As Profit Outlook Miss Overshadows Upbeat 1Q
BUSINESSApr 27 · 10:29 UTC
Domino’s Pizza Slides After Missing Comparable Sales Estimate