The Zhitong Finance App learned that on Friday, the stock price of Lululemon Athletica (LULU.US) fell. As of press release, the stock had fallen by more than 18% to $99.79. According to the news, Lululemon's second-quarter revenue fell 4% year on year, comparable to sales plummeting 9%, turning negative for the first time since the COVID-19 pandemic. The North American market fell as high as 12%, and sales of yoga pants, the core product, plummeted 20%. Revenue for the 2026 fiscal year is expected to be between $10.35 billion and $10.5 billion, down for two consecutive quarters.

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