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Wajeeh Khan

Should You Buy the Post-Earnings Dip in Lululemon Stock?

Lululemon LULU Morningstar David Swartz

Lululemon (LULU) shares are down some 20% on Friday after the athletic apparel retailer reported slightly better-than-expected earnings for its Q1 but disappointed investors with its future outlook.

In the earnings release, the company’s chief executive, Calvin McDonald, blamed tariffs and fears of an economic slowdown for the weaker guide. 

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