LULU blamed negative press coverage in China and some poorly received new product launches, as it cut full-year revenue guidance by $350 million to between $11,000 to $11,150 million, representing a 1% decline to flat sales compared to 2025. Net income guidance was also lowered to a range of $10.95 to $11.15 per share ($1,276 mm at the midpoint) from $12.10 to $12.30 per share, excluding any IEEPA tariff refunds. China is guided to grow 20% this year, continuing to lead all geographies. As for Q2, North America is expected to ... Log in to view full article.