Back

Jim Cramer calls Lululemon a "thoroughly broken stock" after 4.3% revenue drop

Verifying
  • Jim Cramer called Lululemon a "thoroughly broken stock" after its latest earnings.
  • Lululemon reported a 4.3% revenue decline and a 9% comparable-sales drop.
  • Competition in the athleisure market is pressuring Lululemon’s growth.
The information on this website is generated using AI and we cannot guarantee its accuracy. Please use it as reference information only.