Financial reporting

Lululemon bumps up guidance but Mirror struggles, airfreight costs rise

2021-12-10T17:11:00

Lululemon Athletica increased guidance for sales and earnings guidance following a strong top and bottom line showing in the third quarter ended Oct. 31. The upgrade for the year came despite an unimpressive performance by its connected fitness business, Mirror, and higher airfreight costs amid ongoing global supply chain constraints.

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