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Lululemon shares fall after company offers weak fourth quarter guidance

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Lululemon reported sales and profit that topped estimates, but the company offered softer guidance than expected for the fourth quarter.

However, the company offered softer-than-expected guidance for the holiday quarter.

Here's what the company reported for the three-month period compared with what Wall Street was expecting, based on a survey of analysts by Refinitiv:Revenue: $1.86 billion vs. $1.81 billion expected Lululemon's third-quarter net income rose to $255.5 million, or $2 per share, from $187.8 million, or $1.44 per share a year ago. Revenue rose 28% to $1.86 billion.

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