The beauty store chain is down 4.82% to US$235 a share before the bell, despite its first quarter results beating analyst expectations on top and bottom lines.
The group posted a 17.4% increase in net sales for the three months year-over-year, while e-commerce sales also surged 48% year-over-year.
But the market homed in on weak second quarter outlook.Lululemon Athletica Inc (NASDAQ:LULU), the Canadian clothing group, saw shares gain 6.77% to US$112.16 after it unveiled first quarter earnings and revenue that smashed through Wall Street expectations.
The company posted EPS(earnings per share) of 55 cents on revenue of US$650mln.
Analysts had penciled in EPS of 46 cents on revenue of US$618mln.
Elsewhere, in pre-market Costco Wholesale Corp (NASDAQ:COST) shares are down 1.91% to US$194.45, despite that the group beating expectations on third quarter earnings and revenue.
Costco said it earned US$750mln, or US$1.70 a share, in the quarter, compared with US$700mln, or US$1.59 a share, in the year-ago period, while revenue added 12% to US$31.62bn, from US$28.22bn a year ago. Analysts had expected earnings of US$1.69 a share on sales of US$31.90bn.
The figure for the three months came in at US$31.24 million, or US$0.74 per share, compared to US$51.51 million, or $1.15 per share, in last year's second quarter.