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Markets Lower, Pending Home Sales Up, LULU Falls on Guidance
LULUlululemon(LULU) ZACKS·2025-03-27 23:10

Market Overview - Markets experienced volatility, ending lower with the Dow down -155 points (-0.37%), S&P 500 down -18 points (-0.33%), Nasdaq down -94 points (-0.53%), and Russell 2000 down -0.39% [1] - The uncertainty surrounding tariffs and their potential consequences is hindering market advancement, with current levels down -2% to -4% from a month ago [2] Housing Market - Pending Home Sales increased by +2.0%, surpassing the +1.0% expected by analysts, recovering from a previous decline of -4.6% [3] - Year-over-year, pending home sales are down -3.6%, with regional performance showing the South up +6.2%, Midwest up +0.7%, Northeast down -0.9%, and West down -3.0% [3][4] lululemon athletica (LULU) Performance - lululemon reported Q4 earnings of 6.14pershare,exceedingthe6.14 per share, exceeding the 5.85 consensus and 5.29fromthepreviousyear,withrevenuesof5.29 from the previous year, with revenues of 3.61 billion, slightly above the expected $3.58 billion [5] - Comparable sales increased by +3% overall, with the Americas flat and International up +22%, but guidance for the current quarter and full fiscal year was disappointing, leading to a -7.5% drop in shares during late trading [6] - The company's cautious outlook is influenced by tariff policies, contributing to a year-to-date decline of -10% in stock value [6]