You are here: Home » Reuters » News
Business Standard

Lululemon hikes Q4 profit, revenue forecasts on strong holiday sales


(Reuters) - Canadian yoga and leisure apparel maker Lululemon Athletica Inc on Monday raised its fourth-quarter profit and revenue forecasts, helped by a strong holiday season.Lululemon said it now expects net revenue 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.Lululemon 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 ...

This article is no longer available in our repository.

There could be multiple reasons for this.

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