Lululemon shares fall after fiscal Q2 results miss and outlook cut
Lululemon Athletica (LULU) fell about 15% in early Friday after fiscal second-quarter results missed expectations and the company reduced its full-year sales outlook.
Lululemon Athletica (LULU) fell about 15% in early Friday after its fiscal second-quarter results missed expectations and the company reduced its full-year sales outlook.The sharp decline also affected investor Michael Burry (Trades, Portfolio), whose position in the athleticwear retailer represent…