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Trek Financial cut Lululemon stake, but Lululemon still beat earnings estimates with a 12.3% revenue rise.
Trek Financial LLC decreased its Lululemon Athletica stake by 31%, while Dynamic Technology Lab Private Ltd purchased a $1.38 million stake.
Lululemon reported a strong quarter with earnings per share of $6.14, beating analyst estimates, and a 12.3% revenue increase.
Analysts predict 14.36 EPS for the year, with a "Moderate Buy" rating and a price target of $378.31.
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Trek Financial corte Lululemon participación, pero Lululemon todavía superar las estimaciones de ingresos con un 12,3% de aumento de los ingresos.