Reported 1 day ago
Lululemon Athletica Inc. expects its fourth-quarter sales to exceed market expectations, with projected revenue growth of 11% to 12%, reaching $3.56 billion to $3.58 billion. The company's strong holiday performance reflects shoppers' positive response to its offerings. Lululemon is also raising its earnings per share guidance and aims for $12.5 billion in annual revenue by 2026 through international growth, online sales expansion, and attracting male consumers, despite increasing competition.
Source: YAHOO