Lululemon
Athletica shares fell on Monday after the athleisure-clothing retailer decreased its margin guidance for its fourth quarter, adding to a disappointing update the earlier quarter.
Lululemon
(ticker: LULU) claimed it now expects its gross margin for its fourth quarter of fiscal 2022 to drop by 90-110 basis details, getting beforehand envisioned an raise of 10-20 foundation details. The company’s gross margin in the fourth quarter of fiscal 2021 was 58.1%.
Lululemon
Athletica shares fell on Monday after the athleisure-clothing retailer decreased its margin guidance for its fourth quarter, adding to a disappointing update the earlier quarter.
Lululemon
(ticker: LULU) claimed it now expects its gross margin for its fourth quarter of fiscal 2022 to drop by 90-110 basis details, getting beforehand envisioned an raise of 10-20 foundation details. The company’s gross margin in the fourth quarter of fiscal 2021 was 58.1%.
