lululemon (LULU) Raises Q4 Forecast on Upbeat Holiday Feat

lululemon athletica inc. (LULU) revised its guidance for the fourth quarter of fiscal 2023, driven by a robust holiday season performance. The raised view comes just ahead of its participation in the 2024 ICR Conference, scheduled for Jan 8-10, 2024. The updated guidance reveals a notable increase in net revenues and earnings per share, underlining the company's resilience and ability to adapt to evolving consumer preferences.LULU stated that it witnessed balanced sales trends across channels, categories an ...