Lululemon is feeling the squeeze, and its CEO says the brand's gotten predictable
1. Lululemon's CEO admits to misaligning new and existing product styles. 2. Stock dropped over 15% after missing revenue expectations despite profit estimates. 3. Challenges include tariffs, reduced consumer spending, and inventory markdowns. 4. Average item markdowns indicate excess inventory and poor sell-through rates. 5. The company plans to refresh offerings, boosting new styles to 35%.