By
Reuters
Reuters
Published
Mar 26, 2009
Mar 26, 2009
Lululemon earnings drop but top estimates
By
Reuters
Reuters
Published
Mar 26, 2009
Mar 26, 2009
TORONTO, March 26 (Reuters) - Lululemon Athletica reported lower quarterly earnings on Thursday March 26 as the upscale athletic clothier was hurt by the economic downturn, but the results topped estimates.
![]() Lululemon Spring 2009 |
The company, known for its trendy yoga and workout wear, said it earned $10.9 million, or 16 cents a share in its fourth quarter, ended Feb. 3. That was down from $14.6 million, or 21 cents a share a year earlier.
Revenue ebbed to $103.9 million from $104 million for the same time a year earlier.
($1=$1.23 Canadian) (Reporting by Scott Anderson)
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