(Bloomberg) Lululemon Athletica Inc., Abercrombie & Fitch Co. and American Eagle Outfitters Inc. raised their sales outlooks on Monday on the back of a strong holiday quarter, bucking fears of consumer weakness amid stubbornly high inflation and elevated interest rates. Most Read from BloombergMusk’s Drug Use Concerns Tesla, SpaceX Leaders, WSJ SaysBoeing Slumps After Panel Blowout Leads to Partial 737 GroundingChina Says It Caught Foreign Consultant Spying for UK’s MI6The upgrades come after
By Adriano Marchese Lululemon athletica said it anticipates higher profit and revenue in the fourth quarter than previously expected after a strong holiday.
lululemon athletica inc. today announced that, for the fourth quarter of fiscal 2023, the Company now expects net revenue will be in the range of $3.170 billion to $3.190 billion, representing a 14%.