Lululemon trims outlook after weak US performance

Lululemon store front

Source: GettyImages/iStock/Robert Way

Lululemon has lowered its full-year outlook, which interim co-chief executive Meghan Frank blamed on “negative commentary in the media” and product launches that failed to entice shoppers.

The positive performance in its international arm was aided by the continued store openings across EMEA, including the recent launches of its Birmingham branch and two locations in Greece.

 

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