Yogawear giant Lululemon warns of tariff impact, shares fall

Lululemon Shares Plunge As Trump Tariffs Bite

Lululemon shares plunged more than 20% after the company cut its annual profit forecast, citing the impact of tariffs and concerns about a slowing U.S. economy.

Yogawear giant Lululemon warns of tariff impact, shares fall

Lululemon Athletica shares fell as much as 21 per cent on Friday after the athleisure behemoth warned that increased tariffs and declining consumer demand in North America and China will compress profits this year. The steep fall placed the stock on course for its biggest single-day decline since the pandemic’s early stages in March 2020, […] The post Yogawear giant Lululemon warns of tariff impact, shares fall appeared first on Apparel Resource…