Lululemon Athletica

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Global Markets & Equities Just now (02:39 PM IST)

Nike’s Weak Outlook Sends Sportswear Shares Lower as Investors Reprice Growth

Nike’s latest warning on demand and profitability reverberated across global sportswear stocks on Thursday, dragging shares of Lululemon, On, Under Armour and Deckers Outdoor lower as investors reassessed the sector’s growth trajectory. The selloff underscored how closely the market is now linking Nike’s guidance to the broader athletic-apparel trade, where premium valuations leave little room for disappointment.

By RDU Global Wire5 min read

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Co-Occurring Entities

Entities frequently referenced alongside Lululemon Athletica:

Washington, D.C.(1)On Holding(1)Nike(1)Deckers Outdoor(1)