Analysts revise Lululemon (LULU) share price targets before Q2 earnings
LULUlululemon(LULU) Finbold·2024-07-31 18:02

Lululemon Athletica Inc. (NASDAQ: LULU), a leading name in the athletic apparel industry, has seen its stock value plummet by nearly 50% this year, despite reporting solid revenue growth.The steep decline in LULU’s share price can be linked to a combination of financial pressures, supply chain issues, and several notable analyst downgrades.LULU stock price performance YTD. Source: Finbold.comFirst quarter earnings summary for LULU stockLululemon’s first quarter earnings report showcased strong financial per ...