Lululemon Guides Q3 EPS to $0.93–$0.98, 62% Below Consensus
Lululemon's Q3 guidance implies a 62% EPS gap to consensus and an 11.5% revenue shortfall, signaling accelerating weakness in premium athleisure demand. The reset comes even as shares rose 1.4% on heavy volume, suggesting bad news was largely priced in. Retailers and DTC brands should read this as a leading indicator of softening consumer demand for discretionary premium apparel.
Source: MarketBeat · tickerreport.com