Lululemon Athletica Inc. is trading 9% down at $115.02 in after-hours trading after the company lowered its full-year outlook despite beating first-quarter earnings and revenue estimates.
- The company reported a 3% revenue decline and a 5% drop in comparable sales within the Americas region.
- Margin pressure and the reduced full-year guidance are weighing on investor sentiment, overshadowing the Q1 2026 financial beat.