Lululemon Q2 profits slips but sales increase, driven by e-commerce surge

VANCOUVER — Lululemon Athletica Inc. beat expectations as second-quarter profits slipped despite a two-per-cent increase in sales driven by a surge in online revenues. The Vancouver-based athleisure retailer says it earned US$86.8 million or 66 cents per diluted share, down from US$125 million or 96 cents per share a year earlier. Revenues for the period ended […]

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