$LULU Flags Rev Hit Due to Omicron

https://finance.yahoo.com/news/lululemon-flags-revenue-hit-o…

Jan 10 (Reuters) - Lululemon Athletica Inc trimmed its holiday-quarter revenue forecast on Monday, blaming increased capacity constraints, limited staff availability and reduced operating hours due to the spread of the Omicron variant of the coronavirus. The yoga wear maker said it now expects fourth-quarter net revenue to be toward the low end of its previously forecasted range of $2.13 billion to $2.17 billion.