The athletic-apparel maker’s profit fell 38.1% in the first quarter, while the Chinese mainland remained its strongest growth market
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A Lululemon store inside a shopping mall in Shanghai. Photo: VCG.
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The athleisure company now expects revenue to decline as much as 1% for the year, down from prior guidance of 2% to 4% growth
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Lululemon beat Wall Street expectations for fiscal first-quarter earnings, but cut its full-year earnings guidance, citing a…
Lululemon Athletica Inc (NASDAQ:LULU) reports financial results for the first quarter after the market close on Thursday.
"Backlash from negative commentary toward the end of 1Q put downward pressure..."
