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Lululemon Shares Tumble On Cautious Consumer Outlook
22.03.2024, 14:38 Uhr. ZeroHedge News - https: - Lululemon Shares Tumble On Cautious Consumer Outlook Lululemon's stock plunged in premarket trading as the company's forecast for first-quarter net revenue fell short of Wall Street's expectations. The athleisure brand blamed a slowdown in sales at its US stores for the underwhelming sales forecast. Additionally, Lululemon announced that fourth-quarter...
Nike Warns Of Sales Squeeze During Sneaker Shift
22.03.2024, 12:45 Uhr. ZeroHedge News - https: - Nike Warns Of Sales Squeeze During Sneaker Shift Nike shares fell in premarket trading following the sportswear company's announcement on Thursday that sales are expected to decrease to the low single digits during the first half of the fiscal year. This comes as the company makes efforts to adjust its product lineup to more closely align with consumer...
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