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<Results>Lululemon Surges 11% in After-hr Trading; Quarterly Results Beat; CEO to Step Down Next Mth
Recommend 4 Positive 7 Negative 2 |
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Yoga wear brand Lululemon (LULU.US)'s 3FQ net profit decreased by 13% YoY to US$310 million, with an EPS of US$2.59, surpassing the expected US$2.25, as announced by Lululemon. Revenue rose 7% to US$2.57 billion, exceeding the anticipated US$2.48 billion. The stock surged 11% in after-hours trading. Meanwhile, the Company announced that its CEO, Calvin McDonald, will step down at the end of January 2026. AASTOCKS Financial News Website: www.aastocks.com |
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