Lululemon Athletica Is Holding a Sale, and That Worries Wall Street
Next time Lululemon Athletica (NASDAQ: LULU) holds a sale, maybe it should give Wall Street a heads-up.
The five-day online sale the athleisure apparel retailer launched on Thursday caught analysts unaware, and they immediately began fretting it would damage profit margins and lead to a decline in Lululemon's supposedly priced-to-perfection stock.
Image source: Getty Images.
Source Fool.com