Lululemon shares plunge after Q2 revenue drop, guidance cuts
Lululemon shares fell 17.7% in the afternoon session after the company reported a decline in second-quarter net revenue and slashed full-year sales and profit guidance.
Lululemon shares fell 17.7% in afternoon trading after the athletic apparel retailer reported a decline in second-quarter net revenue and cut its full-year sales and profit guidance. The company said in a press release that it reported net reven…