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Lululemon Athletica Inc. Message Board

  • commerce_professor commerce_professor Dec 6, 2012 8:24 AM Flag

    Tax rate change helped them make #'s

    added 4.5 million to bottom line and .03 cent to earnings.

    They didn't make more, they just paid 5% less tax!!
    Read the report kids.

    They have been doing it all year - 9 mos #'s is about 16 million that earnings are boosted b/c they are paying 29% instead of 35 % they paid last year

    """"The tax rate for the first three quarters was 28.7% compared to 35.8% a year ago. The lower effective rate reflects the ongoing impact of revised intercompany pricing agreements. """"from the release

    REVISED INTERCOMPANY PRICING AGREEMENTS! anyone?

 
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