Lululemon shares dropped significantly year to date lagging the broader industry, primarily due to the weak comps and slowed eCommerce growth. Following weak results in fourth-quarter fiscal 2016, the company put in due efforts to build upon eCommerce sales trends which resulted in flat eCommerce comps in first-quarter fiscal 2017. Further, the stock made notable recovery as both sales and earnings topped estimates and improved year over year. Moreover, eCommerce comps improved in the low-double digits range so far in the fiscal second-quarter. This led the company to provide solid comps guidance for the second quarter and fiscal 2017, reflecting further strengthening of eCommerce business. The company is also poised to benefit from the ivivva remodeling. Nevertheless, in-store comps continue to suffer. The company also tweaked revenue forecast for fiscal 2017, which indicates further weakness.