UPDATE 3-Fraying Lululemon margins disappoint, shares slump 12 percent

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UPDATE 3-Fraying Lululemon margins disappoint, shares slump 12 percent

UPDATE 3-Fraying Lululemon margins disappoint, shares slump 12 percent
Sept 10 (Reuters) - shares of Canadian yogawear retailer Lululemon Athletica Inc tumbled on Thursday as results showed margins had narrowed due to higher costs, even as it reported consensus-beating sales and modestly raised its full-year forecasts.

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