Yoga Pants Maker Lululemon's Prospects Frayed Around the Edges

Yoga-wear maker Lululemon Athletica slashed its revenue and earnings forecast, announced a $450 million share buyback and said its CFO will retire.

Yogawear retailer Lululemon Athletica Inc's logo is pictured at its store in downtown Vancouver in this file photo taken June 11, 2014. Lululemon trimmed its revenue and earnings forecast for the fiscal year on Thursday, a fresh sign that the once-flying yogawear maker was still struggling to return to strong growth in an increasingly crowded field. BEN NELMS / Reuters