"Buffett's New Darling" and "Yoga Pants King" performed poorly, is the downgrade of usa consumer becoming more prominent?
Lululemon's second-quarter performance fell short of expectations and lowered its full-year performance expectations. Beauty retailer ULTA and discount retailer Dollar General both reported unfavorable financial reports, and American consumers seem to be becoming more frugal, no longer purchasing expensive non-essential commodities, and turning to products that offer better value for money.
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