Lululemon has posted annual revenue and profit below expectations, after experiencing reduced demand for athleisure wear and accessories. It had projected fiscal 2024 revenue to range between $10.7bn and $10.8bn, but analysts had expected $10.9bn.
Join our network of executives who receive the MBS News daily, as well as the insights, analysis and our weekly column in The Weekend Edition.
You’ll be able to unsubscribe at any time.