What's going on at Lululemon?

In this installment of Investor Beat: shares of the yoga-wear maker tank after the CEO suddenly resigns.

By Motley Fool Investor Beat Jun 11, 2013 4:34PM
1st-quarter earnings for Lululemon Athletica (LULU) came in better than expected.  With same-store sales rising 7% for the quarter, the popular maker of yoga-wear appeared to have put its recent troubles in the rear-view mirror. 

But shares plunged Tuesday on the news that CEO Christine Day is resigning.  In her five years at the top, Lululemon has grown steadily and shares of the stock have risen more than 400%.

In our lead story on Investor Beat our analysts discuss if the next CEO will fare as well --  or if the troubles are only beginning for Lululemon.
Athletic apparel sits on display at the Union Square Lululemon retail store in New York
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3Comments
Jun 11, 2013 6:01PM
Jun 12, 2013 5:29PM
avatar
What is going on at Lululemon?
I call it "transparency" folks.

Jun 12, 2013 9:10AM
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This is basically and Ad for Motely Fool...

 

There is NO SUBSTANCE to the Article.

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