Wells Fargo CFO Says Growth Opportunities Remain as Big After Mixed Q3
CFO Mike Santomassimo said higher interest rates could support lending margins amid increasing loan demand and strong consumer spending.
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CFO Mike Santomassimo said higher interest rates could support lending margins amid increasing loan demand and strong consumer spending.
Lululemon reported second-quarter revenue of $2.4 billion, down 4% year over year, and lowered full-year revenue guidance to $10.35 billion-$10.5 billion, citing softer sales trends and inconsistent product launch performance.