SOUN - Lululemon Issues Weak Outlook Joins Nike And Other Big Stocks Moving Lower In Friday's Pre-Market Session | Benzinga
U.S. stock futures were higher this morning, with the Dow futures gaining by around 0.1% on Friday.
Shares of Lululemon Athletica Inc. (NASDAQ: LULU) fell sharply in today’s pre-market trading after releasing fourth-quarter results.
Lululemon posted better-than-expected results for its fourth quarter, but issued a weak forecast for the first quarter. The company said it sees first-quarter revenue in the range of $2.175 billion to $2.2 billion versus estimates of $2.25 billion. The company anticipates first-quarter earnings of $2.35 to $2.40 per share versus estimates of $2.55 per share, according to data from Benzinga ...