HomeInvestingEarningsLululemon (LULU) Falls After Lowering 4Q Gross Margin Guidance
Lululemon (LULU) Falls After Lowering 4Q Gross Margin Guidance

Lululemon (LULU) falls after lowering 4Q gross margin guidance. David Swartz discusses LULU as Morningstar has a $233 fair value estimate on LULU. He notes that LULU now sees 4Q gross margin down 90 to 110 BPS vs prior guidance of up to 10 to 20 BPS. He then goes over what impacted LULU in the holiday quarter. Tune in to find out more about the stock market today.

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