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Fortune
Fortune
Sasha Rogelberg

Lululemon misses sales views after yanking ‘long butt’ leggings as Wall Street looks for more innovation

CEO Calvin McDonald stands on a stage with a red curtain behind him. (Credit: Vaughn Ridley/Getty Images for lululemon)

Activewear brand Lululemon is hoping the company’s path to success is a marathon, not a sprint. 

The Vancouver, British Columbia–based retailer posted its first revenue miss in over two years on Thursday and lowered its guidance.

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