Lululemon's Q2 Mixed: Earnings Beat, Sales Lag Estimates in Americas

lululemon athletica inc. (LULU) reported second-quarter fiscal 2024 results, wherein earnings beat the Zacks Consensus Estimate and improved year over year. Meanwhile, sales missed after surpassing the Zacks Consensus Estimate for eight consecutive quarters. The company’s top line improved year over year on continued strength in the international business.In the second quarter of fiscal 2024, the company pulled back its Breeze Through leggings line, launched earlier in the quarter, following negative custom ...