Lululemon Lowers Outlook Amid Weak U.S. Sales and Product Missteps

The athleisure giant faces challenges with declining women's sales and a fumbled product launch, despite strong international performance.

Lululemon's U.S. revenue growth stalled, with comparable sales down 3% in Q2.
International revenue surged by 29%, though slightly down from the previous quarter.
The Breezethrough leggings launch failed due to fit issues, leading to withdrawal from the market.
Women's product offerings lacked newness, impacting conversion rates and sales.
Despite setbacks, Lululemon's net income rose 15% in Q2, supported by strong men's and international sales.