Beneath Lululemon’s Stock Slump Lies a Broader Spending Squeeze
Lululemon shares have plunged 53% in 2026, but Michael Burry sees opportunity as weakness spreads across apparel, retail and the broader consumer sector.
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Lowe's pilots new fulfillment method in home market of Charlotte, N.C., delivering project essentials to customers in as fast as 20 minutesProducts can be ordered through the DoorDash app and delivered via Wing
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Lululemon shares have plunged 53% in 2026, but Michael Burry sees opportunity as weakness spreads across apparel, retail and the broader consumer sector.
Bill Ackman turned a $27M COVID-era credit hedge into $2.6B, then bought discounted stocks during the 2020 market crash.
Lowe's reported Q2 adjusted EPS of $4.40, beating estimates of $4.22, but revenues of $25.96B missed the $26.14B consensus. The company lowered its fiscal 2026 outlook citing weak DIY demand and current macro trends. Shares have declined 10.7% since earnings, and the stock received a Zacks Rank #4 (Sell) rating with downward estimate revisions of -7.5%.