Lululemon's share price dropped by over 22% following a cut in profit guidance linked to tariff concerns despite showing decent quarterly earnings. Notably, financial expert Jim Cramer indicated the stock may be undervalued, suggesting it's a good time to consider purchasing shares. However, Lululemon's management expressed concerns about future profitability due to tariffs, raising questions about the company's approach going forward. While the stock might appear cheaper, lingering tariff-related issues could pose challenges to recovery and investor confidence.
Lululemon's stock has dropped over 22% due to a guidance cut and tariff concerns, creating a potentially valuable investment opportunity for buyers.
Jim Cramer praised Lululemon as too cheap after steady quarterly earnings, though the company faces significant headwinds, including profit guidance cuts related to tariffs.
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