Stock Track | Lululemon Soars 6.15% in Pre-Market on Raised Q4 Sales and Profit Forecast

Stock Track

Jan 13, 2025

Lululemon Athletica Inc. saw its stock soar 6.15% in pre-market trading on Monday. The sportswear maker raised its fourth-quarter sales and profit targets, citing strong demand for its apparel during the holiday shopping season.

Lululemon now expects Q4 net revenue to be in the range of $3.56 billion to $3.58 billion, up from its previous forecast of $3.48 billion to $3.51 billion. The company also increased its quarterly profit per share guidance to between $5.81 and $5.85, higher than the earlier estimate of $5.56 to $5.64.

The athleisure brand also said it now expects gross margin to increase approximately 30 basis points relative to the fourth quarter of fiscal 2023, compared to its previous guidance of a decrease of 20 to 30 basis points.

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The sportswear maker raised its fourth-quarter sales and profit targets, citing strong demand for its apparel during the holiday shopping season.</p>\n\n<p>Lululemon now expects Q4 net revenue to be in the range of $3.56 billion to $3.58 billion, up from its previous forecast of $3.48 billion to $3.51 billion. The company also increased its quarterly profit per share guidance to between $5.81 and $5.85, higher than the earlier estimate of $5.56 to $5.64.</p>\n\n<p>The athleisure brand also said it now expects gross margin to increase approximately 30 basis points relative to the fourth quarter of fiscal 2023, compared to its previous guidance of a decrease of 20 to 30 basis points.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LULU","symbol_name":"lululemon athletica","start_time":0,"source_url":"","article_id":"1171208983","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1171208983","pubTimestamp":1736769736,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Lululemon Athletica Inc. saw its stock soar 6.15% in pre-market trading on Monday. The sportswear maker raised its fourth-quarter sales and profit targets, citing strong demand for its apparel during the holiday shopping season.Lululemon now expects Q4 net revenue to be in the range of $3.56 billion to $3.58 billion, up from its previous forecast of $3.48 billion to $3.51 billion. The company also increased its quarterly profit per share guidance to between $5.81 and $5.85, higher than the earli","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"LULU":"lululemon athletica"},"translate_title":"股票赛道Lululemon盘前飙升6.15%，因第四季度销售额和利润预期上调","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"LULU":1},"content_text":"Lululemon Athletica Inc. saw its stock soar 6.15% in pre-market trading on Monday. 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