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Article Date: January 2020
Word Count: 202

Lululemon Raises Q4 Guidance on Big Holiday Sales Gains


While much of retail had at best a choppy shortened Holiday season, the lulunatics are sailing serenely above the fray with an announcement that it now expects its final quarter to report comp store gains in the mid- to high-teens, bringing total sales to $1.370 to $1.380 billion with EPS of $2.22-2.25 ($292.8 mm). That is a nice upgrade from initial guidance for comps up low-double digits and a top line of $1.315 to $1.330 billion and EPS of $2.10-2.13 per share.

 

Every quarter, the lulunatics seem to re-establish that they have formed a powerful bond with a loyal customer base ... Log in to view full article.

 


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