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CNBC

Lululemon cuts guidance, misses sales estimates after botched product launch

CNBC
Summary
Nutrition label

77% Informative

Lululemon missed Wall Street's fiscal second-quarter sales expectations.

The apparel retailer lowered its sales guidance.

Shares dropped as much as 10% in extended trading.

The company's net income for the three-month period that ended July 28 was $ 3.15 vs. $ 2.93 expected.

VR Score

87

Informative language

93

Neutral language

51

Article tone

formal

Language

English

Language complexity

43

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

Affiliate links

no affiliate links