Lululemon shares fall after quarterly sales and guidance miss
Lululemon Athletica reported second fiscal-quarter sales of $2.4 billion, below $2.458 billion expected, alongside guidance that missed expectations, as the stock fell.
By Janet H.
ChoLululemon Athletica, best known for its yoga clothes and other specialty athleticwear, reported quarterly revenue that fell short of expectations.For its second fiscal quarter ended in July, Lululemon reported sales of $2.4 billion, below the $2.458 billion Wall Street expected, and…