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Lululemon hikes Q4 profit, revenue forecasts on strong holiday sales


(Reuters) - Canadian and Athletica Inc on Monday raised its fourth-quarter profit and forecasts, helped by a strong holiday season.

said it now expects net of $905 million to $915 million, higher than its earlier forecast of $870 million to $885 million.

Its expects earnings of $1.24 to $1.26 per share, up from its previous forecast of $1.18 to $1.21.

will report results for the fourth quarter ending Jan. 28 on March 27.

(Reporting by Nivedita Bhattacharjee; Editing by Savio D'Souza)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, January 08 2018. 17:19 IST