Lululemon’s bleak holiday-quarter targets overshadow strong Q3 – ET Retail
Lululemon Athletica Inc on Thursday forecast fourth-quarter results below expectations, striking a cautious tone for the holiday season and sending shares of the premium apparel retailer down 2% in extended trading. The forecast, after a strong third-quarter show, mirrors sentiments from other U.S. retailers such as Walmart, Best Buy and Kohl‘s which have hinted at…