Stock Movers Netflix Lower, Lululemon Falls, 3M Climbs After Jeffries Note
Jul 18, 2025
Netflix shares dipped despite posting stellar second-quarter earnings, raising eyebrows among investors. Lululemon experienced a downturn as sales slowed and demand for its signature leggings waned, sparking concerns. In contrast, 3M's stocks surged after a positive profit forecast and a strong performance, showcasing a successful turnaround for the company. The contrasting fortunes of these brands reflect broader market uncertainties and individual performance dynamics.
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Netflix Beats Q2 Expectations
- Netflix's Q2 results beat expectations with revenue reaching $11.1 billion and earnings of $7.19 per share.
- They raised their full-year sales and profit margin forecast, driven by hits like Ginny in Georgia and Squid Game.
Lululemon's Slowing Sales Issue
- Lululemon faces challenges with slowing sales, fewer store visitors, and declining demand for its core black leggings.
- These leggings, usually never discounted, are accumulating in outlet stores, signaling a softening market.
3M Raises Profit Forecast
- 3M raised its profit forecast after beating Q2 estimates, with adjusted earnings expected between $7.75 to $8 per share this year.
- The CEO's revitalization efforts appear to be gaining momentum despite anticipated tariff impacts.