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Why Lululemon Stock Is Falling despite Impressive Q3 Numbers

Why Lululemon Stock Is Falling despite Impressive Q3 Numbers

Lululemon Athletica (LULU) reported impressive results for the third quarter of fiscal 2019, which ended on October 28. The company’s net revenue surged 20.8% to $747.7 million, beating analysts’ expectation of $737.45 million.