LULU Raises Q4 Sales & Profit Outlook on Robust Holiday Performance
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Lululemon has raised its fourth-quarter fiscal 2024 revenue outlook, anticipating 11-12% growth due to stronger-than-expected holiday sales.
January 14, 2025 | 8:00 pm
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Lululemon has increased its Q4 fiscal 2024 revenue outlook, expecting 11-12% growth following strong holiday sales.
The increase in revenue outlook suggests strong sales performance, which is likely to positively impact Lululemon's stock price in the short term. The company's ability to exceed expectations during the holiday season indicates robust consumer demand and effective sales strategies.
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