Shares of lululemon athletica (NASDAQ: LULU ) , the trendy yoga-apparel retailer, plummeted on news that the company was lowering its guidance for the current fiscal year, along with announcing a $450 million dollar share buyback. This was not what investors wanted to hear, especially from a company that has seen its share of problems in recent years. Not only has its ability to grow been in question in the face of increasing competition from other retailers, namely The Gap (NYSE: GPS ) , which has been trying to get a share of the active yoga-wear market with its "Athleta" brand of stores, but Lululemon has also been coping with multiple management issues during the last few years. Motley Fool consumer goods analyst Sean O'Reilly analyzes the results, and puts today's pullback in perspective for long-term Foolish investors.
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