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Lululemon Reports Strong 3Q

(December 2009) posted on Thu Dec 10, 2009

Same-store sales in double-digits

Clothing retailer Lululemon Athletica (Vancouver) announced its third-quarter profit jumped nearly 60 percent, topping earlier expectations.

For the quarter ended November 1, the trendy yoga and fitness wear retailer says its same-store sales jumped 10 percent. Net income rose to $14.1 million, up from $8.8 million a year earlier, while revenue increased 29.7 percent.
 

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