Lululemon shares plunge as earnings guidance falls well short of estimates
Sign at the entrance to the Lululemon store in Midtown Manhattan.Lululemon shares plunged in extended trading Thursday after the company gave a much worse than expected full-year outlook.The company topped second-quarter earnings estimates but slightly missed revenue expectations. But it said it expected tariffs to hit its full-year profits by 12.77 to 14.45 per share. It also anticipa ...