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Attleisure Maker Lululemon Athletica, hundreds of US stores caused traffic slowing in traffic to make consumers a more cautious appearance on yoga pants over the economy.
Canadian company increased by $ 10.6 billion in 2024, $ 10.6 billion in the year, new stores opened in existing stores and sales increased. The annual net income increased by 17 percent to $ 1.8 billion, a new higher.
However, the figures also revealed the weakness of 374 stores in the largest market in the United States Mull
lulhemon Exercise schedule – and consumer thinking, continuous high inflation and President Donald Trump’s trading partners were rocked by tariffs.
In the American section, the same store sales in the fourth quarter of 2024 and decreased by 1 percent for full year. In the first quarter of the society, traffic to US stores was rejected in the first quarter to start in early February.
“This year, we started this year with several compelling new product releases, but contributed to a more cautious consumer in a dynamic macro environment,” Calvin McDonald, CEOs executive, analysts. A survey made at the beginning of this month, Lulullemon, “Consumers spend less due to inconvenience and economy.”
Lululemon’s shares decreased by 14 percent on Friday.
A number of economic information releases, surveys and corporate ads pointed to the retreat of consumers Trump reveals tariffs Imported and about a number of countries.
The US Consumer Expectations Index published by the conference staff fell to the lowest level in one of the Thinking Tank and generally a recession this week. Nike, Lülulemon’s opponent of Lululemon shoes and athletic clothing company predict an unexpected drop in quarterly income.
Lululemon General Financial Officer Meghan Frank told analysts that this year compared to the total profit margin, compared to Chinese and Mexican tariffs compared to 2024 this year. There are lulullemon shops in both countries and are subject to new US tariffs.
The regulatory document said lululemon, most products were produced in Vietnamese, Cambodia, Sri Lanka, Indonesia and Bangladesh.
If tariffs are expanded – Trump aims to do next week – “We will continue to look at our price structure, along with the change in the environment,” said Frank.