Lululemon’s forecast sinks shares, amid ‘ongoing macro uncertainties’ - MarketWatch
1. Lululemon forecasts 2023 sales below analysts’ expectations. 2. Shares dropped 7.8% in after-hours trading. 3. Fourth-quarter sales reached $3.61 billion, a 13% increase year-over-year. 4. CEO highlights product innovation, CFO notes macroeconomic uncertainties. 5. Company stock down 12.6% over the past year.