Are folks really that superstitious? Is that why The Men’s Wearhouse, Inc. (NYSE:MW) scheduled its call for the eve of Friday the 13th? Is that why the stock nearly fell 13% yesterday?
More to the point, if folks aren’t angling to get married in 2013, why did it divorce itself from founder George Zimmer this year?
Sorry about that last one. I couldn’t resist.
5. Honey lulu
The Men’s Wearhouse, Inc. (NYSE:MW) isn’t the only retailer of high-priced apparel that recently lost its visionary leader slipping on Thursday after offering up weak guidance.
Shares of Lululemon Athletica inc. (NASDAQ:LULU) tumbled 5%, now that the upscale yoga clothing chain sees itself earning just $0.39 a share to $0.41 a share on no more than $375 million in revenue this quarter. Analysts were perched on a profit of $0.45 a share, on $390.1 million in revenue.
Yes, Lululemon Athletica inc. (NASDAQ:LULU)’s then-CEO Christine Day left in June on her terms. It wasn’t the boardroom rift that Zimmer experienced later in the month. It also should be noted that lululemon’s still growing nicely. Pushing comps 8% higher in the first full quarter since the embarrassing Luon pants recall is impressive. However, you’re only as good as your next quarterly report on Wall Street — and, for now, that finds Lululemon Athletica inc. (NASDAQ:LULU) coming up short.
The article This Week’s 5 Dumbest Stock Moves originally appeared on Fool.com and is written by Rick Munarriz.
Longtime Fool contributor Rick Munarriz has no position in any stocks mentioned. The Motley Fool recommends Apple and Lululemon Athletica. The Motley Fool owns shares of Apple and Crocs.
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