Lululemon ($LULU) warns of slowing North America sales leading to a 13.3% pre-market drop. Nike ($NKE) and Lululemon shares sink as both companies disappoint investors with weak outlooks, facing growing competition and gloomy forecasts.
Lululemon $LULU suffered its largest decline in more than 3 years after the company disappointed Wall Street with its latest earnings report https://t.co/3C7Hr9Ndfv
LISTEN NOW: Shares of Nike and Lululemon getting stretched, as the retailers both disappoint investors with weak outlooks. Listen to the @CNBCFastMoney podcast here: https://t.co/2KdGymzp3L https://t.co/kSegtitTpD
Nike, Lululemon shares sink as gloomy forecasts alarm analysts https://t.co/bbisLYrjRo https://t.co/wbXs6Mdg5Y
Retail under pressure: $LULU and $NKE shares sink. The Investment Committee debate how to trade the sector. https://t.co/bGYEov7G8B
Rough times for retail? @saraeisen and @davidfaber analyze what growing competition and a light outlook mean for $NKE. https://t.co/tKMNalnjLF
$LULU (-13.3% pre) Lululemon warns of slowing North America sales as spending falters - Reuters https://t.co/w2CEPQKdwE