Financial reporting

Lululemon exceeds Q3 estimates but guides to softer Q4 performance

By 2023-12-08T07:46:00

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Lululemon had another strong quarter with both revenues and profits exceeding analyst estimates, but the group’s simultaneous Q4 outlook of 13 to 14 percent sales expansion sent Lululemon shares down by 2.8 percent in after-market trading yesterday. The group, which said early holiday sales were strong, is projecting total Q4 ...

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