Lululemon Athletica Inc. (NASDAQ:LULU) Plunging: Great Earnings, Dismal Margins
Just look at the chart below…
Lululemon stock is down close to 10% so far today. The company reported its financial results for the second quarter of 2015. Earnings were in line with expectations, revenue increased, it even raised its full-year guidance.
Sadly, investors were watching margin figures. They were disappointing.
LULU stock is up just around 1.50% year-to-date.
Chart courtesy of www.StockCharts.com
From: Michael Lombardi, MBA