Lululemon Athletica Inc. is trading at $112.08, down 11% after the company lowered its full-year guidance following its first-quarter 2026 earnings release.
- While the company reported solid headline beats and strong international growth, the key Americas region saw a 3% revenue decline and a 5% drop in comparable sales.
- Management's decision to cut the full-year outlook reflects ongoing weakness in its largest market and increasing margin pressure, weighing heavily on investor sentiment.