Lululemon Crashes After Another Brutal Guidance Cut; Jefferies Flags "Triple Whammy" Quarter

Lululemon Crashes After Another Brutal Guidance Cut; Jefferies Flags "Triple Whammy" Quarter Lululemon Athletica shares crashed in premarket trading in New York after the athletic-apparel retailer slashed its full-year outlook again , suggesting that demand in the Americas is deteriorating as Alo and other rivals gain market share . The move also puts mounting pressure on its incoming chief executive to revive the struggling brand. Lululemon expects full-year revenue of between $10.35 billion an