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Lululemon Crashes After Another Brutal Guidance Cut; Jefferies Flags "Triple Whammy" Quarter
Lululemon Crashes After Another Brutal Guidance Cut; Jefferies Flags "Triple Whammy" Quarter
Lululemon Athletica shares crashed in premarket trading in New York after the athletic-apparel retailer slashed its full-year outlook again, suggesting that demand in the Americas is deteriorating as Alo and other rivals gain market share. The move also puts mounting pressure on its incoming chief executive to revive the struggling brand.
Lululemon expects full-year revenue of between $10.35 billion and $10.50 billion, down sharply from its previous forecast of $11 billion to $11.15 billion and well below the Bloomberg...
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May 9, 2026 / Tyler Durden
Legendary Candy Company Killed After 141 Years By Soaring Costs
Legendary Candy Company Killed After 141 Years By Soaring Costs
Soaring expenses for raw materials and labor have delivered a blow to yet another longtime business, claiming Lammes Candies, a family-owned confectioner that has operated in the South for more than a century, FOX 7 Austin reports.
The Austin, Texas,-based company recently announced that it will begin an "orderly wind-down of operations" after 141 years of family ownership, according to a statement posted to its Facebook page.
"This was not an easy decision," the candy company wrote. "Lammes Candies has been more...
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Apr 2, 2026 / Tyler Durden
Russian Embassy Outraged After US-Israeli Strikes Damage Orthodox Church In Tehran
Aug 16, 2026 / Tyler Durden
'Dems Don't Give A Crap About The Country': Martin Armstrong Sees Very, Very Tight Midterm Election
'Dems Don't Give A Crap About The Country': Martin Armstrong Sees Very, Very Tight Midterm Election
Greg Hunter’s USAWatchdog.com,
Legendary financial and geopolitical cycle analyst Martin Armstrong is out with a new report (more than 100 pages) that takes a deep dive on the “2026 Midterm Elections” in November.
Armstrong says, “The computer is showing this is going to be a very, very tight election..."
"It’s a 50/50 deal where we didn’t see either party coming in with a landslide.
The bottom line looks like the Democrats can take the House, but not the Senate. ...
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