Following Q2 results, analysts have revised their projections downward for Lululemon.

LULU · Lululemon Athletica Inc

The AI's read

Lululemon reported a Q2 revenue miss and materially lowered full-year revenue and EPS guidance, which directly weakens near-term sales and profit expectations. Analysts reacted by cutting price targets and ratings, and the stock plunged on the news. Management emphasizes investment in product and marketing, but the magnitude of the guidance downgrade and revenue shortfall outweighs that mitigation and signals a weaker operating backdrop for the remainder of the year.