Lululemon Athletica Boosts Q4 Outlook

RTTNews | Pred 581 dňami
Lululemon Athletica Boosts Q4 Outlook

(RTTNews) - Ahead of the meeting with analysts and investors at the ICR Conference later on Monday, athletic apparel company lululemon athletica inc. (LULU) raised its earnings and revenue guidance for the fourth quarter.

For the fourth quarter, the company now expects earnings in a range of $4.96 to $5.00 per share on net revenue between $3.170 billion and $3.190 billion.

Previously, the company expected earnings in the range of $4.85 to $4.93 per share on net revenue between $3.135 billion and $3.170 billion.

On average, analysts polled by Thomson Reuters currently expect the company to report earnings of $4.97 per share on revenues of $3.18 billion for the quarter.

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Lululemon Sues Costco Over Alleged Sale Of Fashion Dupes

Lululemon Sues Costco Over Alleged Sale Of Fashion Dupes

Lululemon Athletica Inc. has filed a lawsuit against retail major Costco Wholesale Corp. for allegedly selling knockoff or dupe versions of its popular fashion products, including pants, hoodies and jackets, at significantly cheaper price than its originals.
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Lululemon Athletica Boosts Q4 Revenue Outlook - Quick Facts

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Ahead of the meeting with analysts and investors at the ICR Conference, athletic apparel company lululemon athletica inc. (LULU) on Monday narrowed its earnings guidance range for the fourth quarter, while raising net revenue outlook for the quarter.
RTTNews | Pred 945 dňami
Australian Market Trims Early Gains In Mid-market

Australian Market Trims Early Gains In Mid-market

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RTTNews | Pred 7 minútami
Asian Markets Trade Mostly Higher

Asian Markets Trade Mostly Higher

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RTTNews | Pred 45 minútami
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RTTNews | Pred 1 h 17 min
Japanese Market Sharply Higher; Up 2%

Japanese Market Sharply Higher; Up 2%

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RTTNews | Pred 2 h 11 min
Indonesia Stock Market May Be Stuck In Neutral On Tuesday

Indonesia Stock Market May Be Stuck In Neutral On Tuesday

The Indonesia stock market has tracked higher in back-to-back sessions, improving more than 115 points or 15 percent along the way. The Jakarta Composite Index now sits just above the 7,600-point plateau although it's expected to open in the red on Tuesday. The global forecast for the Asian markets is soft ahead of key U.S. inflation data. The European markets were mixed and the U.S. bourses were down and the Asian markets also figure to track into the red.
RTTNews | Pred 2 h 19 min
Renewed Consolidation Likely For Hong Kong Stock Market

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The Hong Kong stock market moved higher again on Monday, one session after snapping the four-day winning streak in which it had rallied more than 570 points or 2.4 percent. The Hang Seng Index now rests just above the 24,900-point plateau although it may hand back those gains on Tuesday. The global forecast for the Asian markets is soft ahead of key U.S. inflation data. The European markets were mixed and the U.S. bourses were down and the Asian markets also figure to track into the red.
RTTNews | Pred 2 h 34 min