Lululemon shares plunge as earnings guidance falls well short of estimates

Lululemon shares plunge as earnings guidance falls well short of estimates

Lululemon shares plunged in extended trading Thursday after the company gave a much worse than expected full-year outlook . The company topped second-quarter earnings estimates but slightly missed revenue expectations . It said it expected tariffs to hit its full year profits by $240 million . CEO Calvin McDonald will be interviewed exclusively on CNBC's "Squawk on the Street" on Friday .

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