Business
Lululemon Cuts Outlook as Headwinds Mount
Lululemon Athletica LULU -8.56%decrease; red down pointing triangle cut its outlook for the year, citing fresh challenges, including a spike in negative commentary around the brand and a lackluster response to new products.
The headwinds derailed what the athleisure company said were some budding signs of positive traction in the fiscal first quarter as it worked to improve results in North America, its largest market.
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