Lululemon (LULU) -5.6% AH after announcing a shortage in its supply of luon pants after large...


Lululemon (LULU) -5.6% AH after announcing a shortage in its supply of luon pants after large shipments were deemed too see-through for its standards. LULU cuts its outlook, expecting Q1 comp-store sales to increase 5%-8%, resulting in Q1 revenues of $333M-$343M vs. prior guidance of $350M-$355M and analyst consensus of $354M.

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Comments (14)
  • Ashraf Eassa
    , contributor
    Comments (9709) | Send Message
     
    Akram's Razor strikes again...
    18 Mar 2013, 06:43 PM Reply Like
  • Bill Maurer
    , contributor
    Comments (7069) | Send Message
     
    I said 60-62 on low guidance. It was lower than I would have expected, but I wasn't pricing in a pants problem...
    18 Mar 2013, 07:02 PM Reply Like
  • Trader's Profit Compass
    , contributor
    Comments (2071) | Send Message
     
    i thought that myself as i wondered why i did not follow his advice and short it. I hope you did Ashraf........i think you said you were gonna
    18 Mar 2013, 08:16 PM Reply Like
  • Ron Myers
    , contributor
    Comments (255) | Send Message
     
    Here we have a 3420398230 PE stock that sells what are basically slightly better sweat pants, for $100 a pair. And they still f*** them up. What a buster.
    18 Mar 2013, 06:44 PM Reply Like
  • Water Brothers Financial Co...
    , contributor
    Comments (382) | Send Message
     
    And it's probably not really a manufacturing glitch but a red herring for weaker than projected sales.
    18 Mar 2013, 07:19 PM Reply Like
  • TruffelPig
    , contributor
    Comments (4206) | Send Message
     
    Lol. I just saw ridiculous looking pants for 128 dollars......woah. Who buys this?? This is definitely not for the rock'n roll generation.
    18 Mar 2013, 09:38 PM Reply Like
  • Trader's Profit Compass
    , contributor
    Comments (2071) | Send Message
     
    i am in a college town and the girls love em.......works for me :)
    i have no opinion on the stock
    19 Mar 2013, 07:01 AM Reply Like
  • Quoth the Raven
    , contributor
    Comments (2063) | Send Message
     
    Meh, good problem to have. Still hella balls out long LULU.
    18 Mar 2013, 10:41 PM Reply Like
  • 1980XLS-2.0
    , contributor
    Comments (528) | Send Message
     
    See thru?

     

    And that's bad?
    18 Mar 2013, 11:06 PM Reply Like
  • TruffelPig
    , contributor
    Comments (4206) | Send Message
     
    If its a guy yes. At least for me.
    18 Mar 2013, 11:56 PM Reply Like
  • Ashraf Eassa
    , contributor
    Comments (9709) | Send Message
     
    TruffelPig,

     

    You and I both know that LULU primarily supplies women's clothing ;)
    19 Mar 2013, 07:46 AM Reply Like
  • Nicholas Ward
    , contributor
    Comments (1854) | Send Message
     
    This could help to set up a big day for Nike upon its earnings release - I imagine the numbers will be positive though I wouldn't mind seeing a pullback to go long on.
    19 Mar 2013, 12:41 AM Reply Like
  • sfphoto
    , contributor
    Comments (682) | Send Message
     
    This could be the "lemon" moment for LULU just as the "iMaps" fiasco turned the world upside down for AAPL. Has LULU peaked?
    19 Mar 2013, 01:31 AM Reply Like
  • PSalerno
    , contributor
    Comments (6105) | Send Message
     
    LULU peaked in december about when I started to short it .
    19 Mar 2013, 03:18 AM Reply Like
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