Vancouver-based yogawear retailer Lululemon Athletica Inc. forecast earnings and revenue below estimates, but shares rose after executives said the weak outlook was largely due to temporary West Coast port delays and currency issues. Finance chief Stuart Haselden said the port delays hurt sales of its spring line and some late-winter products. The company forecast earnings of 31 cents to 33 cents for the current quarter. Analysts expected 39 cents. Revenue is estimated to come in at $413 to $418 million, below estimates.
Investors look past Lululemon’s outlook
