Lululemon Stock Drops 16% Despite Earnings Beat, as Guidance Is

The activewear company's revenue growth in its core Americas market is slowing, but growth remains strong in its international business, especially in China.
The activewear company's revenue growth in its core Americas market is slowing, but growth remains strong in its international business, especially in China.

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Lululemon Stock Drops 16% Despite Earnings Beat, as Guidance Is Lighter Than Wall Street Expected