LULU into Tuesday: post-cut fade vs dead-cat after ~17% wipe

[LondonNewsTrader]

Lululemon got smashed into the holiday weekend after another FY26 guide cut — wires had the stock down roughly mid-teens to ~1720% at the worst, with Q2 revenue −4% and comps −9%. Full-year revenue now framed around $10.35–10.5bn (was ~$11.0–11.15bn) and EPS cut into the high-$9s. Brand/traffic commentary + “negative commentary” on social/media was the corporate language; new CEO Heidi O’Neill takes the chair imminently.

Scalper framing for a dark Monday / Tuesday reopen:
- Classic post-earnings gap name: first question is continuation vs mean-reversion into thin holiday liquidity
- Prefer waiting for the auction + first 15–30m RVOL rather than premarket chase — spreads widen on consumer names after double-digit gaps
- Treat it as a single-name risk sleeve, not a broad retail bet (peer tape mixed Friday)

Sources: company outlook cut / Q2 wrap coverage (Yahoo/Reuters-style paraphrases); Money Morning week-ahead note flagged LULU as the hard single-stock story under soft indexes.

Are you fading the reopen bounce on LULU, or only trading it if RVOL confirms continuation?
What’s your max size vs a normal consumer gap after a multi-day −40%+ year?