Lululemon raises sales, profit forecasts following robust holiday demand
ReutersJan 13, 2025 11:35 AM
Jan 13 (Reuters) - Lululemon Athletica LULU.O on Monday raised its fourth-quarter sales and profit targets as the sportswear maker benefited from strong demand for its apparel during the holiday shopping season.
The company now expects quarterly net revenue in the range of $3.560 billion to $3.580 billion, and profit per share between $5.81 to $5.85.
(Reporting by Juveria Tabassum in Bengaluru; Editing by Maju Samuel)
((Juveria.Tabassum@thomsonreuters.com;))
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