SFIX, FUBO, SABR Slide as Lululemon Guidance Cut, Oil Surge Rattle Consumer Stocks

Shares of Stitch Fix (SFIX), fuboTV (FUBO), and Sabre (SABR) fell in morning trading on June 6, 2026, as consumer discretionary stocks sold off sharply. The rout was triggered by Lululemon’s (LULU) reduction of its full-year revenue guidance to $11.0–$11.15 billion from $11.35–$11.5 billion, citing weaker U.S. consumer traffic and product launches. Broader pressure came from oil prices surging toward $98 a barrel and a robust May jobs report. Payrolls jumped to 172,000, more than double the 80,000 consensus, fueling rate-hike expectations and raising consumer borrowing costs. High-valuation stocks bore the brunt. Stitch Fix dropped to $3.50, down 31.7% year-to-date and 40% below its September 2025 peak, as the volatile stock logged its 41st move of more than 5% in 12 months. The decline reflected widespread pain in travel- and fuel-sensitive names, though Macy’s briefly rose on strong quarterly sales before retreating.