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Lululemon Weak Outlook
Description
Lululemon beat Q4 estimates with $5.01 EPS and $3.64B revenue but issued a weak 2026 outlook, guiding full-year sales of $11.35–$11.50B — below expectations. Tariffs are expected to cost $380M ($220M net), while a proxy battle with founder Chip Wilson adds further pressure on expenses and strategic direction.
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