(EXPLAINED) Lululemon Stock Crashes After Beating Earnings!!!
Ricky Gutierrez Ricky Gutierrez
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 Published On Mar 24, 2024

The stock's decline is attributable to guidance, not to the fourth-quarter's results. Management's outlook for the first quarter and full year of fiscal 2024 was lighter than Wall Street had expected for both revenue and earnings. Lululemon shares plunge 20% on weak guidance, slowing North America growth

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