News Formal

Lululemon revises earnings guidance as Omicron impacts sales, profits

  • 📰 CTVNews
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 99%

Россия Новости Новости

Россия Последние новости,Россия Последние новости

Lululemon Athletica Inc. is lowering its fourth-quarter earnings estimates as the Omicron variant curbs the retailer's sales.

The Vancouver-based company says it now expects its net revenue and earnings to be on the low end of previously announced ranges.

He says Lululemon has been impacted by increased capacity constraints in stores, more limited staff availability and reduced operating hours in some locations. In a client note last March, Morningstar said Lululemon's valuation "is as stretched as its leggings."

 

Спасибо за ваш комментарий. Ваш комментарий будет опубликован после проверки

Girls got fat from lockdowns and can't wear sexy leggings anymore 😂

Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:

 /  🏆 1. in RU

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

Lululemon sinks after warning that Omicron could cut earningsLululemon Athletica Inc. said the Omicron variant of COVID\u002D19 has forced it to reduce its earnings expectations for the fourth quarter Let us all take a moment to thank Lululemon for making yoga pants ubiquitous. 🙏
Источник: nationalpost - 🏆 10. / 80 Прочитайте больше »