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Lululemon’s CEO Exit Proves: Founder-Led Brands Win

Lululemon delivered a strong third quarter that exceeded market expectations, with revenue reaching $2.57 billion, surpassing estimates by 3.4%.

Lululemon's CEO Exit Proves: Founder-Led Brands Win
AnalysisNews

Lululemon’s CEO Exit Proves: Founder-Led Brands Win

Credit: Lululemon

Lululemon delivered a strong third quarter that exceeded market expectations, with revenue reaching $2.57 billion, surpassing estimates by 3.4%. Earnings per share of $2.59 beat the anticipated $2.22, prompting a 10% after-hours stock increase.

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