Lululemon Athletica, an exercise clothing manufacturer, was on target for an 11 percent sales growth this year. And then the bottom fell out -- figuratively speaking.
The company was forced to recall 17 percent of its women's black yoga pants after discovering the cloth was too see-through. Now they're facing a gain of 8 percent at most, CNN reports. In terms of dollars and cents, that means projected sales have fallen from $350 million to $333 million nearly overnight.
"The ingredients, weight and longevity qualities of the pants remain the same, but the coverage does not, resulting in a level of sheerness in some of our women's black Luon bottoms that falls short of our very high standards," a Lululemon spokesperson said in a written statement.
Regardless, the financial hit is likely only temporary. The company's stock has grown by 1,800 percent within the past four years, CNN reports.
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