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• Lululemon

• U.S. Stocks

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Lululemon

Lululemon surpassed analyst expectations for earnings and revenue in its latest quarterly report, but its forecast for the year ahead fell short of Wall Street’s projections. Leadership cited reduced consumer spending in the U.S. due to broader economic unease and rising prices, as well as new trade duties. The company’s shares dropped more than 10% following the announcement. While international performance was strong—particularly in regions outside the Americas—U.S. sales were stagnant. The brand expects modest growth in both revenue and profit for the year, below what analysts anticipated, and noted pressure on margins from fixed expenses, exchange rates, and tariffs. Lululemon plans to grow its global presence by entering five new countries in 2025.

U.S. Stocks

U.S. stocks declined Thursday as markets responded to new trade actions from President Trump targeting non-domestic vehicle producers. The Dow slipped 155 points, the S&P 500 fell 0.33%, and the Nasdaq dropped 0.53%. Shares of automakers like GM and Ford slumped following the announcement of a 25% duty on cars not manufactured in the U.S., set to begin April 2. In contrast, Tesla edged higher, with some analysts viewing it as a potential beneficiary due to its domestic production. Despite Trump's suggestion that the measures could be flexible—offering possible tariff reductions for China—the inconsistent approach has left investors unsettled, especially amid signs of broader economic strain.

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