The following video is from Tuesday's MarketFoolery podcast, in which host Chris Hill, along with analysts Andy Cross and Tim Hanson, discuss the top business and investing stories.
In this segment, after 13 straight quarters of double-digit same store sales growth, apparel retailer lululemon athletica issued new guidance for Q4 sales. While the guidance was up from its previous guidance, it wasn't up nearly as much as analysts expected, and the company's priced-to-perfection stock took a hit.
Lululemon has been a longtime pick of Motley Fool superinvestor David Gardner, and it has soared 108.23% since he recommended it in December 2010. David specializes in identifying game-changing companies like this long before others are keen to their disruptive potential, and he helps like-minded investors profit while Wall Street catches up. Learn more about how he picks his winners with a free, personal tour of his flagship service, Supernova. Inside, you'll discover the science behind his market-trouncing returns. Just click here now for instant access.
The relevant video segment can be found between 8:19 and 17:39.
The article Lululemon's Streak Comes to an End originally appeared on Fool.com.
Andy Cross, Chris Hill, and Tim Hanson have 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 don't 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.
Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.