Lululemon Early Black Friday Sales Seen Pressuring Margins -- Market Talk
Dow Jones
Nov 19
1433 ET - Lululemon kicked off its Black Friday selling season with an early access sale three days ahead of last year's early sale, a move that chases traffic but could add pressure to margins, Jefferies analysts say in a note. "This earlier start suggests the discounting period could be longer, and potentially deeper, than last year," the analysts say. Lululemon's underlying fundamentals also remain weak, with still elevated inventory levels and markdowns on its site, they say. "With pressure building, we expect earnings revisions to swing sharply negative vs consensus," they say, reiterating their underperform rating on the stock. (kelly.cloonan@wsj.com)
(END) Dow Jones Newswires
November 18, 2025 14:34 ET (19:34 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
At the request of the copyright holder, you need to log in to view this content
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.