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

|About: Lululemon Athletica Inc. (LULU)|By:, SA News Editor

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.