US stocks fluctuate | Lowering full year performance guidance Lululemon (LULU.US) opens with a sharp drop of over 8%

According to the CCStock APP, on Friday, Lululemon (LULU.US) opened with a sharp drop of over 8%, with the stock price falling to the lowest point since 2018, now trading at $114.82. In terms of news, the company previously lowered its annual profit and revenue guidance significantly due to the continuous decline in sales in its largest market, North America, and the increase in tariff costs. It is currently expected that the full-year earnings for the 2026 fiscal year will be between $10.95 and $11.15 per share, down more than $1 from the previous forecast of $12.10 to $12.30 per share. The full-year revenue forecast has been lowered from $11.35 billion to $11.5 billion to $11 billion to $11.5 billion, which means that the full-year revenue will remain flat or decrease by 1%, whereas the previous expectation was for a growth of 2% to 4%.