Business

Lululemon shares fall after profit drop, guidance downgrade

Castanet 13 h

Canada

Lululemon shares fall after profit drop, guidance downgrade — Sources: Castanet

Lululemon Athletica Inc.'s shares sank more than 15 per cent in early trading, a day after the retailer revealed a slump in its financial performance and slashed its guidance for the year. The Vancouver-based company's shares were down US$19.58 at US$102.19 shortly after the start of trading on t...

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