Why Lululemon Athletica Stock Crashed Today
It's not Lululemon's fault -- really! -- but this stock is probably not a near-term buy.
Lululemon Athletica (NASDAQ: LULU) stock got torn up on Friday, tumbling 20.2% through 11:55 a.m. ET despite beating earnings (barely) last night.
Heading into the company's Q1 2025, analysts expected Lululemon to post $2.59 per share in profit on $2.37 billion in quarterly sales. Lululemon nailed the revenue target, and beat by the proverbial penny, with $2.60 per share earned.
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