Ananya Mariam Rajesh

Karnātaka

U.S. Consumer and Retail Sector Specialist at Thomson Reuters

Journalist | Sector Specialist - U.S. Consumer & Retail @Reuters | Views expressed are my own and RT’s aren’t endorsements, my Twitter pals!

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Articles

Lululemon tumbles as slowing demand, tariff woes lead to annual profit cut

3 weeks ago | cruisin929.com | Ananya Mariam Rajesh

By Ananya Mariam Rajesh(Reuters) -Lululemon Athletica cut annual profit expectations and forecast second-quarter revenue below estimates on Thursday, as consumer demand waned amid increased competition and a gradual economic slowdown triggered by uncertainty over the Trump administration’s trade policy. Shares of the sportswear maker fell 21% in after-market trading.
Lululemon tumbles as slowing demand, tariff woes lead to annual profit cut

3 weeks ago | wimz.com | Ananya Mariam Rajesh

By Ananya Mariam Rajesh(Reuters) -Lululemon Athletica cut annual profit expectations and forecast second-quarter revenue below estimates on Thursday, as consumer demand waned amid increased competition and a gradual economic slowdown triggered by uncertainty over the Trump administration’s trade policy. Shares of the sportswear maker fell 21% in after-market trading.
Lululemon tumbles as slowing demand, tariff woes lead to annual profit cut

3 weeks ago | kelo.com | Ananya Mariam Rajesh

By Ananya Mariam Rajesh(Reuters) -Lululemon Athletica cut annual profit expectations and forecast second-quarter revenue below estimates on Thursday, as consumer demand waned amid increased competition and a gradual economic slowdown triggered by uncertainty over the Trump administration’s trade policy. Shares of the sportswear maker fell 21% in after-market trading.
Lululemon tumbles as slowing demand, tariff costs prompt annual profit cut

3 weeks ago | ca.marketscreener.com | Ananya Mariam Rajesh

Published on 2025-06-05 at 16:13, updated on 2025-06-05 at 18:13(Reuters) -Lululemon cut its profit forecast for the year, hurt by higher costs to mitigate U.S. tariffs and as tepid demand for its latest products failed to draw away buyers from upstart athleisure rivals such as Vuori. Lululemon Athletica's shares slumped 22% in trading after the bell on Thursday.
Lululemon tumbles as slowing demand, tariff woes lead to annual profit cut

3 weeks ago | ca.marketscreener.com | Ananya Mariam Rajesh

Published on 2025-06-05 at 16:13, updated on 2025-06-05 at 16:54(Reuters) -Lululemon Athletica cut annual profit expectations and forecast second-quarter revenue below estimates on Thursday, as consumer demand waned amid increased competition and a gradual economic slowdown triggered by uncertainty over the Trump administration's trade policy. Shares of the sportswear maker fell 21% in after-market trading.
Lululemon tumbles as slowing demand, tariff woes lead to annual profit cut

3 weeks ago | ca.finance.yahoo.com | Ananya Mariam Rajesh

(Reuters) -Lululemon Athletica cut annual profit expectations and forecast second-quarter revenue below estimates on Thursday, as consumer demand waned amid increased competition and a gradual economic slowdown triggered by uncertainty over the Trump administration's trade policy. Shares of the sportswear maker fell 21% in after-market trading.
Starbucks shuffles top brass, names new operating chief

3 weeks ago | csr.economictimes.indiatimes.com | Ananya Mariam Rajesh

Starbucks on Wednesday promoted its North America chief coffeehouse officer Mike Grams to chief operating officer as part of a leadership reshuffle aimed at boosting performance. This is the latest in a series of moves from CEO Brian Niccol, who took over the top job last year and has said he wants to return Starbucks to its coffee house roots.
Gap lists up to $300 million tariff costs but excludes them from forecast; shares dive

4 weeks ago | ca.finance.yahoo.com | Ananya Mariam Rajesh

(Reuters) -Gap (GAP) said on Thursday that U.S. President Donald Trump's tariffs would take a bite out of its annual operating income but offered forecasts excluding that hit, sending its shares tumbling almost 16% in pre-market trading. The company expects about $250 million to $300 million in tariff-related costs, but aims to mitigate more than half of that amount. "Exiting 2025, we now expect it (China) to be less than 3% ...
Gap lists tariff costs but excludes them from forecast, shares dive

4 weeks ago | msn.com | Ananya Mariam Rajesh

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Target sales plummet amid tariffs, inflation and boycotts

1 month ago | usatoday.com | Siddharth Cavale |Ananya Mariam Rajesh

TargetÂ slashed its annual sales forecast on Wednesday, after a surprisingly sharp fall in quarterly same-store sales, as customers pulled back on discretionary purchases due to ongoing worries about inflation and the economy due to U.S. President Donald Trump's trade war.