Michael Burry, the renowned investor known for his role in the 'Big Short,' has drawn a parallel between Lululemon Athletica Inc. (NASDAQ:LULU) and GameStop Corp. (NYSE:GME), referring to Lululemon as the most disliked stock he has owned since his investment in GameStop in 2019. This comparison comes as Lululemon's shares plummeted following a disappointing earnings report, where despite a revenue of $2.47 billion in the first quarter, the company slashed its full-year outlook and projected sales and earnings below Wall Street's expectations. Management cited a 3% decline in North American revenue and warned of ongoing demand weakness. Additionally, profitability was pressured by a 410 basis point drop in gross margin due to various costs. However, Lululemon's performance in Mainland China, where revenue grew by 30%, remains a positive aspect. Burry's comments suggest he sees a potential disconnect between current investor sentiment and Lululemon's long-term prospects, similar to his previous stance on GameStop. Following the earnings report, Lululemon shares fell 8.56% to close at $114.23, marking a 52-week low.