Shares of yoga retailer Lululemon (NASDAQ:LULU) 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.
Mark Reeth has no position in any stocks mentioned. Michael Finarelli has no position in any stocks mentioned. Sean O'Reilly has no position in any stocks mentioned. The Motley Fool recommends Lululemon Athletica. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.