Lululemon cuts annual profit forecast

Reuters

2025/06/06

June 5 (Reuters) - Lululemon Athletica LULU.O cut annual profit forecast on Thursday, as consumer demand waned amid increased competition and a gradual economic slowdown triggered by uncertainty over the Trump administration's trade policy.

The company now expects annual profit between $14.58 and $14.78 per share, compared with previous expectations of $14.95 to $15.15.

(Reporting by Ananya Mariam Rajesh in Bengaluru; Editing by Alan Barona)

((AnanyaMariam.Rajesh@thomsonreuters.com ; X: https://twitter.com/AnanyaMariam))

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