High-end athletic apparel maker Lululemon matched EPS projections and beat revenue estimates by a hair for fiscal Q1 2025. Still, comparable sales growth was only 1% and the conference call and forward guidance painted a bleak picture. LULU cut next quarter EPS guidance from $3.31 per share to a range of $2.85 to $2.90, and lowered revenue expectations from $2.6 billion to $2.5 billion.