Lululemon forecasts annual results below estimates
1. Lululemon forecasts lower revenue and profit due to limited new styles. 2. Competitors like Alo Yoga and Vuori are attracting Lululemon's customers.
FAQ
Why Bearish?
Lower forecasts indicate weakened demand; similar past instances led to significant stock drops.
How important is it?
The revenue guidance directly affects investor expectations and perception of Lululemon's competitive strength.
Why Short Term?
Immediate sales influences from product offerings could affect quarterly results.