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Lululemon Crushed It Over the Holidays

TheMotleyFool

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Just when athletic apparel company lululemon athletica's (NASDAQ: LULU) momentum was looking as if it couldn't get any better, it did. The company crushed it over the holidays, so much so that management said it now expects its fiscal fourth-quarter revenue and earnings per share to be significantly higher than the guidance range it laid out for the period when it reported fiscal third-quarter results in December.

Notably, the update management gave Monday for its fiscal Q4, which ends on Feb. 2, forecast more strong double-digit growth in comparable sales. Highlighting the company's strength, this comes on top of 16% comparable-sales growth in fiscal Q4 2018.

Image source: Getty Images.

Source Fool.com

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