Lululemon plunges with growth plans threatened by Trump tariffs

Lululemon plunges with growth plans threatened by Trump tariffs

LULULEMON Athletica posted a second straight disappointing quarter, fueling concerns that rising competition and new tariffs are derailing the company’s ambitious growth plans. The retailer is projecting sales in the range of US$2.54 billion to US$2.56 billion for its fiscal second quarter, below the average analyst estimate. Lululemon’s expected profit for the quarter is also…

Read More

Nasdaq CEO says IPO demand boosted despite tariff worries, banks on Texas boom

Nasdaq CEO says IPO demand boosted despite tariff worries, banks on Texas boom

[NEW YORK] Exchange operator Nasdaq is holding active talks with companies considering stock market debuts, CEO Adena Friedman said on Thursday, underscoring the US economy’s resilience despite tariff uncertainty and signaling renewed market vigour. Several high-profile companies, including those in risk-heavy sectors such as crypto and financial technology, have successfully launched listings in recent weeks,…

Read More