Lululemon Stock Slipped Ahead of Earnings. Analysts Say an Outlook Cut Is Likely

Key TakeawaysLululemon shares have lost nearly half their value since the start of the year. Analysts say the athletic wear brand appears likely to cut its projections for the full year.Lululemon last month halted sales of a new line of leggings amid negative feedback from customers. JPMorgan analysts said that could affect second-half sales and the release of other new products.Raymond James analysts said Tuesday that "unfavorable" sales trends among other companies that also target high-income consumers c ...