Lululemon Q3 Profit Misses Estimates, Lowers Forecast

Vancouver—Lululemon Athletica today reported today that its third quarter profit fell some 12% resulting in a lowered forecast. The company, which reports in US dollars, said the cost of goods sold rose faster than revenue. Lululemon Athletica Inc. says its third quarter net income fell by 12 %o $53.2 million. Profit in the quarter ended Nov. […]

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