Yogawear retailer Lululemon's quarterly profit falls 12 pct

December 9, 2015 11:02 AM

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Yogawear retailer Lululemon's quarterly profit falls 12 pct

Canadian yogawear retailer Lululemon Athletica Inc (LULU.O) reported a 12 percent fall in third-quarter profit as costs soared.

Gross profit as a percent of net revenue fell to 46.9 percent in the three months ended Nov. 1 from 50.3 percent a year earlier.

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