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Thursday, 03/30/2017 1:58:26 PM

Thursday, March 30, 2017 1:58:26 PM

Post# of 364286
$LULU lululemon CEO says 'drastic steps' taken to fix Q1 issues
lululemon CEO Laurent Potdevin told Jim Cramer of CNBC that his company has taken "drastic steps" to fix the issues it encountered in Q1. Following the interview, Cramer said lululemon, according to the CEO comments, is buying shares back "hand over fist." He added that Potdevin backed the company's guidance for the year. The stock in afternoon trading is down 23% to $51.22.

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