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Lululemon expects boost from US tax reform

09/01/2018

Canada-based yogawear company Lululemon has said tax changes that came into force in the US on December 22 will have a favourable effect on the company this year, and it has raised its guidance for the fourth quarter of fiscal 2017. It expects revenue in the range of $905 million to $915 million rather than the $870 million to $885 million...

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