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))
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.