Lululemon’s China Cooldown And US Struggles Weigh On Outlook
Lululemon Athletica’s (NASDAQ:LULU) U.S. growth outlook softened as shoppers embraced new fabric innovations over seasonal basics, pushing catalyst launches into second half of 2025. JP Morgan analyst Matthew R. Boss downgraded Lululemon from Overweight to Neutral, lowering the price forecast from $303 to $224. Boss writes that the U.S. product catalyst has been delayed to…