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Shares of Lululemon (LULU) fall 2.8% premarket after the firm's tepid guidance throws a bit of a...
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Thursday, December 6, 2012, 8:12 AM ETShares of Lululemon (LULU) fall 2.8% premarket after the firm's tepid guidance throws a bit of a scare into investors. The retailer sees Q4 sales growing in the high single digits, but double-digit levels were already baked into LULU's share price. NBG's Brian Sozzi thinks with 50% of its assets in cash, Lululemon might take stab at an acquisition.
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