The athletic apparel retailer now expects full-year revenue to fall as much as 7%, down sharply from prior guidance

The athletic-apparel maker said second-quarter revenue and net income declined, with weakness on the Chinese mainland following a Great Wall event controversy and adding to…

Lululemon shares tumbled about 18% after the athleisure company cut its full-year outlook again and missed quarterly sales estimates. Sales in the Americas fell 8%, while leggings…