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Lululemon beat earnings forecasts

December 12, 2019

For the third quarter ended in October, the company posted 96 cents in diluted earnings per share, an increase of 35% from the 71 cents a year earlier. Wall Street analysts had expected 93 cents a share. Net revenue came in at $916.1 million, well above the Wall Street consensus expectations of $897 million. Read why, despite great earnings, the stock dipped on Barron’s.