Lululemon Lifts Q4 Sales, Profit Outlook After Holiday Shopping Season

Core Insights - Lululemon Athletica has raised its sales and earnings per share (EPS) projections for Q4 following a strong holiday shopping season [1][4] - The company expects Q4 revenue to be between $3.56 billion and$3.58 billion, an increase from the previous range of $3.475 billion to$3.51 billion, exceeding the analysts' consensus of $3.52 billion [1][4] - Lululemon has also increased its EPS guidance to a range of$5.81 to $5.85 per share, up from the previous range of$5.56 to $5.64, and above the analysts' expectation of$5.64 [2] Management Commentary - Lululemon's CFO, Meghan Frank, noted that the positive response from customers to their product offerings during the holiday season enabled the company to increase its fourth-quarter guidance [3] - The adjustments were made ahead of management's meetings with investors and analysts at the ICR Conference in Orlando, Florida [3]