Lululemon Reports Mixed Q2 Results and Lowers Full-Year Forecast

Reported about 1 month ago

Lululemon Athletica announced its second quarter results, showcasing earnings of $3.15 per share, surpassing expectations, but with net revenue at $2.37 billion, below the $2.41 billion forecast. The company has revised its full-year earnings guidance down to $13.95 to $14.15 per share and reduced its revenue outlook to between $10.38 billion and $10.48 billion.

Source: YAHOO

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