Lululemon Supply Chain Mishap To Lower Q1 Profits
Lululemon Athletica shares fell 1.86% in midday trading in the stock market today after the yoga apparel retailer said it expects the recall of certain yoga pants to cause a drop in current-quarter earnings, and that the supply chain issues leading up to the pullback have yet to be resolved. Lululemon (LULU) gave its forecast as it reported earnings for the fourth quarter, which did not include the impact of the recall. Fourth-quarter earnings rose
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