VANCOUVER - Lululemon Athletica Inc. is raising its financial guidance for its fourth-quarter. The new range is up with earlier guidance for net revenue of $1.315 billion to $1.330 billion based on a total comparable sales increase in the low double digits on a constant dollar basis. Diluted earnings per share are expected to now be in a range of $2.22 to $2.25 for the fourth quarter. Lululemon’s earlier guidance had been for diluted earnings per share of $2.10 to $2.13. The company’s fourth quarter ends Feb. 2.
Source: thestar January 13, 2020 12:22 UTC