Lululemon makes big cuts to one kind of store
Lululemon (LULU) reported a 4% revenue decline in Q2 2026, with comparable sales down 9%. The company lowered its full-year revenue guidance to $10.35B-$10.5B and earnings to $9.48-$9.73 per share. Lululemon plans to reduce pop-up stores from 65 to 40 by year-end, focusing on permanent locations with proven success. Shares dropped over 17% following the earnings report.








