Lululemon Athletica (NasdaqGS:LULU) Share Buyback Fails To Offset Recent 10% Weekly Decline
Lululemon Athletica (NasdaqGS:LULU) experienced a 10% decline in its share price last week, coinciding with a substantial market downturn sparked by global trade tensions, where major indices suffered significant losses. Despite the company's positive earnings report showing increased revenue and net income for the year and fourth quarter, with enhanced earnings per share, the broader market turmoil overshadowed these factors. Additionally, the company's recent share buyback program, while...