“Lululemon shares plunge 20% as it slashes earnings outlook, projects $240 million tariff hit”
September 16, 2025
“Lululemon shares plunged 20% in extended trading after the company gave a much worse than expected full-year outlook, as tariffs take a bite from its profits.
The company topped second-quarter earnings estimates but slightly missed revenue expectations. It said it expected President Donald Trump’s tariffs to hit its full-year profits by $240 million…”
https://www.cnbc.com/2025/09/04/lululemon-lulu-q2-2025-earnings.html