Lululemon cuts annual profit forecast
ReutersJun 5, 2025 8:08 PM
June 5 (Reuters) - Lululemon Athletica LULU.O cut annual profit forecast on Thursday, as consumer demand waned amid increased competition and a gradual economic slowdown triggered by uncertainty over the Trump administration's trade policy.
The company now expects annual profit between $14.58 and $14.78 per share, compared with previous expectations of $14.95 to $15.15.
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