Revenues up but income down for Lululemon
11/12/2017
Yogawear brand Lululemon has reported revenues of just over $1.7 billion for the first nine months of 2017, an increase of 10.9% compared to the same period in 2016. Net income for the nine-month period, however, fell by 16.9% to $138.9 million. Chief executive, Laurent Potdevin, called the company’s performance “robust”. In August, Lululemon...
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