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International Business Times UK
International Business Times UK
Business
Teddy Cambosa

Lululemon's Stock Tumble As Q2 Forecast Expects Tariffs Eating Up Brand's Profit

Lululemon Calvin McDonald United States Meghan Frank

Following the release of its first quarter results, popular apparel brand Lululemon expects that its second quarter will be affected by tariffs eating up the brand's profits. This follows after its stocks plummeted after its Q1 results failed forecast expectations in the industry, given how other apparel brands are seeing comebacks to boost their offerings in the US market.

Strong Q1 Results–But America's Sliding Back Slightly

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