Shares of yoga retailer Lululemon (LULU -1.26%) fell Monday on the news that it was cutting its fourth quarter earnings outlook due to slow January sales. It appears that consumers splurged on Lululemon's high-priced pants over the holidays, but once they were over sales died down quickly. But does that mean Lululemon isn't a great growth pick anymore?
In this segment of the Motley Fool's consumer goods show, Consumer Countdown, CG analysts Michael Finarelli and Sean O'Reilly join host Mark Reeth to discuss what went wrong with Lululemon's fourth quarter and if the company is still a worthwhile investment.
