Nike shares fell 8% as it plans to focus on trendier sneakers, while Lululemon Athletica dropped 17% due to declining demand for premium athleisure. Both companies face challenges amidst reduced customer spending.
Lululemon's stock drops on soft revenue forecast - MarketWatch
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What is the current Price Target and Forecast for lululemon
Nike, Lululemon sink as annual forecasts disappoint
Lululemon Athletica Inc CFO Meghan Frank Sells 1,553 Shares
Nike, Lululemon Sink as Annual Forecasts Disappoint
MSN
Nike, Lululemon sink as annual forecasts disappoint
Lululemon sinks after U.S. consumer retreat spurs weak outlook - BNN Bloomberg