Yoga Pants Recall: Lululemon Athletica Pulls Black Luon Stretchies for Being Too Sheer & Revealing, Results Financial Problem Predictions

Every girl's favorite pair of workout pants, (and guys too of course), have been recalled by Lululemon Athletica! One of the world's most successful retailers has pulled its popular Luon black yoga pants from stores, according to AP, because the sheer material used for the black "stretchies" was "too revealing."

Lululemon is offering full refunds or exchanges to their loyal customers and Sam Poser of Sterne, Agee & Leach advised clients to take a "wait-and-see approach" until the problem is resolved.

The company insisted it had not changed the specifications for the clothing, but is warning of a shortage of the extraordinarily popular clothing items, which make up make up about 17 percent of all women's pants and crop pants in its stores. Further, Lululemon said the "issue will have a significant impact" on its financials.

As LA Times states, the chain said it was still investigating how a batch of too-skimpy pants was allowed to reach stores in early March. Lululemon claimed it hasn't changed its manufacturers or ingredient quality since 2004. There appears to be a "major quality control problem" in Asia where the "Luon" pants are made, Poser stated. It doesn't seem as though the company has the "proper oversight in place," he continued.

"The ingredients, weight and longevity qualities of the women's black Luon bottoms remain the same but the coverage does not, resulting in a level of sheerness in some of our women's black Luon bottoms that fall short of our very high standards."

With the recall of their most popular item in place, the company expects to face future financial hardships:

The company lowered its expectations for an 11% increase in same-store sales and revenue between $350 million and $355 million for its first fiscal quarter. Now, Lululemon is projecting a 5% to 8% same-store sales range and revenue between $333 million and $343 million.  

The company will unveil its fourth quarter and full-year earnings on Thursday. But already, analyst Sam Poser of Sterne, Agee & Leach downgraded Lululemon's shares to a neutral rating from buy, telling investors to back off until quality-control concerns are alleviated.

LA Times notes that Lululemon had been riding a recent surge in demand for women's athletic wear, along with competitors such as Gap Inc.'s Athleta, Under Armour Inc. and even mass-market retailers such as Forever 21 and Victoria's Secret.

Sorry girls..it looks like you'll have to find a new store to buy the beloved yoga pants out for no! And sorry boys...the next batch of the stretchie pants will not be as sheer! Looks like your eyes will have to move back down to the treadmill speedometer next time you're at the gym.