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Lululemon Athletica Boosts Q4 Revenue Outlook - Quick Facts
(RTTNews) - 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.
For the fourth quarter, the company now expects earnings in a range of $4.22 to $4.27 per share on net revenue between $2.660 billion and $2.700 billion.
Previously, the company expected earnings in the range of $4.20 to $4.30 per share on net revenue between $2.605 billion and $2.655 billion.
On average, analysts polled by Thomson Reuters currently expect the company to report earnings of $4.30 per share on revenues of $2.67 billion for the quarter.
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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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Pred 57 dňami
Lululemon Athletica Boosts Q4 Outlook
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.
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Pred 598 dňami
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Pred 30 minútami
Euro Climbs Against Majors
The euro firmed against its major counterparts in the New York session on Thursday.
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Pred 1 h 1 min
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The Switzerland market ended marginally up on Thursday after a choppy ride as stocks swung between gains and losses right through the day's trading session.
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Pred 4 h 39 min
European Stocks Close Weak
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Pred 4 h 59 min
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Pred 5 h 33 min
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Pred 7 h 59 min
