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Jefferies says Lululemon 2Q results likely won’t move the needle

Jefferies analysts expect Lululemon’s second-quarter results to have limited impact, citing the same challenges as recent quarters with no significant positive or negative change.

LULU

824 ET - For Lululemon, second-quarter financial results likely won't move the needle much, Jefferies analysts say.

The company is dealing with the same challenges as it has for the past several quarters, without significant positive or negative changes, the analysts say.

Store checks have shown a…