Not making money anymore? lululemon plunges, cuts full-year outlook for the second consecutive quarter

On September 3 local time, yoga wear giant and Canadian athletic lifestyle brand lululemon released its fiscal 2026 second-quarter financial report, which fell short of expectations. Possibly as a result, its share price plummeted by more than 18% during after-hours US trading. According to Tonghuashun data, as of the close on September 3 local time, lululemon's share price was $121.77 per share. So far this year, the company's share price has fallen by about 42%.