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Report

Lululemon sees income decline in Q1 FY16

London - Canada sportswear retailer Lululemon Athletica reported a 15 percent decline in income from operations for the first quarter of fiscal 2016, which ended May 1, 2016. Net income for the quarter dropped from 68 million US dollars to 57.6 million US dollars and adjusted earning per a share reached 30 cents. However, investors decided to...

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