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LULU Stock Under Pressure As Company Warns Q2 Will Feel Tariff Heat, Plans 'Strategic Price Increases' — But Gary Black Blames EPS Revision On 'Competition,' Not 'Macro Challenges'
Friday, June 6, 2025 - 10:01am | 862Despite better-than-expected first quarter results, Lululemon Athletica Inc. (NASDAQ:LULU)’s management cautioned that the second quarter will bear the brunt of increased tariffs and lowered its full year earnings per share forecast. What Happened: CFO Meghan Frank outlined the company’...