Lululemon Athletica is a leading retailer specializing in athletic apparel and accessories, primarily focused on yoga, running, and workout gear
The company offers a wide range of high-quality, performance-oriented clothing for both men and women, as well as a selection of lifestyle products that promote an active and healthy lifestyle. Recognized for its innovative designs and commitment to sustainability, Lululemon encourages a community-oriented culture through fitness programs and events, fostering a strong brand loyalty among its customers.
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lululemon athletica raises its fourth-quarter revenue projections to between $3.56 billion and $3.58 billion, reflecting an 11-12% increase year-over-year. The company also upgraded its earnings per share forecast to $5.81-$5.85.
lululemon athletica inc. (NASDAQLULU) today announced that, for the fourth quarter of fiscal 2024, the Company now expects net revenue will be in the range of $3.560 billion to $3.580 billion, representing growth of 11% to 12% compared to the fourth quarter of fiscal 2023, or growth of 6% to 7% excluding the 53rd week of 2024. The previous guidance range was $3.475 billion to $3.510 billion.
