1854 ET - Lululemon plans to take targeted price increases on some products as it looks to offset added tariff costs, CFO Meghan Frank said during the company's earnings call. "It will be price increases on a small portion of our assortment. And they will be modest in nature," Frank said. The plans make Lululemon the latest athletic-wear brand to warn of higher prices, joining the likes of Adidas, Under Armour and Hoka-owner Deckers Outdoor. All eyes remain on sportswear giant Nike, which is set to report earnings later this month. (kelly.cloonan@wsj.com)
(END) Dow Jones Newswires
June 05, 2025 18:54 ET (22:54 GMT)
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