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Lululemon says profits held steady in fourth quarter, revenue up 7 per cent

VANCOUVER – Lululemon Athletica Inc. (NASDAQ:LULU) says fourth-quarter net income was nearly flat at $109.7 million from $109.4 million a year earlier. Earnings per share was steady at 75 cents per share. Revenue increased seven per cent to $521 million from $485.5 million.