Lululemon reports US$586M net income in fourth quarter, names new board member

News Room
By News Room 2 Min Read

Lululemon Athletica Inc. says its latest quarter saw its profit fall from last year as its revenue was essentially flat.

The Vancouver-based retailer, which keeps its books in U.S. dollars, reported net income of about US$586.9 million in its fourth quarter, compared with US$748.4 million a year earlier.

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