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Why Lululemon Athletica Stock Crashed Today

TheMotleyFool 
0 0 05.09.25
Why Lululemon Athletica Stock Crashed TodayPhoto, wide shot, wide-angle lens, Home appliance manufacturer, Blue hour, twilight, cool, ISO1200, slow shutter speed, photo by Michael Light: https://img.theapi.app/temp/5d70b6df-fa9b-4237-9702-39c36cb1d4f8.png
 

Lululemon Athletica (NASDAQ: LULU) stock tumbled 15% through 10:05 a.m. ET Friday after the company reported the tiniest of sales misses -- and an earnings beat -- last night.

Heading into the yoga clothier's Q2 report, analysts forecast Lululemon would earn $2.85 per share on $2.54 billion in sales. Earnings beat, though, at $3.10 per share, and revenue missed by only $10 million at $2.53 billion.

Image source: Getty Images.

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Source Fool.com

Lululemon Athletica Inc. Stock

€99.90
0.810%
The Lululemon Athletica Inc. stock is trending slightly upwards today, with an increase of €0.80 (0.810%) compared to yesterday's price.
Currently there is a rather positive sentiment for Lululemon Athletica Inc. with 21 Buy predictions and 7 Sell predictions.
With a target price of 194 € there is a hugely positive potential of 94.19% for Lululemon Athletica Inc. compared to the current price of 99.9 €.
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