Lululemon stock sinks nearly 5% as Supreme Court tariff ruling slips, keeping retailers on edge
lululemon athletica shares fell 4.9% to $201.88 Friday after the U.S. Supreme Court delayed a key tariffs ruling. The company warned higher tariffs and loss of the “de minimis” exemption could cut 2025 gross profit by $240 million. Investors also weighed an upcoming CEO transition and a proxy fight from founder Chip Wilson. The court could rule next week.