Lululemon's shares plummet 17% as Ross Gerber labels the company as being in ‘disarray’ while Michael Burry describes his biggest investment as a ‘deceiver’.

LULU · Lululemon Athletica Inc.

The AI's read

Lululemon reported a Q2 revenue miss and materially cut full‑year revenue and EPS guidance, triggering steep analyst price‑target cuts and a large one‑day share drop; these company‑level fundamentals point to near‑term downside risk. While some investors (including Michael Burry) signal buying interest below $100, the guidance reset and margin concerns dominate the immediate outlook.