Lululemon shares rise on improved quarterly-profit forecast [Toronto Globe and Mail (Ontario, Canada)]
lululemon athletica inc. (LULU)
Last lululemon athletica inc. earnings: 3/26 04:05 pm
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Source: Toronto Globe and Mail
Lululemon shares rise on improved quarterly-profit forecast Canadian athletic apparel maker Lululemon Athletica Inc on Monday raised its fourth-quarter profit and revenue forecasts, driven by strong sales during the holiday season. Shares of the company rose 4.3 per cent to $137.78 in premarket trading. Lululemon, which has witnessed significant comparable store sales growth in the past few quarters, now expects earnings of $1.72 to $1.74 per share, compared with $1.64-$1.67 per share estimated previously. Story continues below advertisement Analysts on an average had estimated the company to report a profit of $1.69 per share for the quarter, according to IBES data from Refinitiv. The key holiday shopping season during November and December is important for retailers as they record a significant portion of their annual sales, both in-store and online, during the period. Lululemon, which popularized “athleisure wear” by turning pricey women’s yoga wear into mainstream fashion, now exp
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LULU
Earnings
- 3/21/24 - Beat
LULU
Sec Filings
- 4/3/24 - Form 4
- 4/3/24 - Form 4
- 4/3/24 - Form 4
- LULU's page on the SEC website