Thursday, July 18, 2024

Lululemon Stocks Are Up Up UP!

by Cristina

Are we consumers surprised? Lululemon issued this press release with a revised forcast for their fourth quarter (ending January 30th 2011) due to higher then expected net revenue. Lululemon now expects diluted earnings to be in the range of $0.55 to $0.57 instead of it’s previous guidance range which was $0.46 to $0.48. So what’s behind this fever pitch growth? What has changed with the company over the last year that has caused such positive hyper growth? If you have any insight we’d love to hear it.

Lululemon on Boxing Day 2010

And some further reading at these links:

Lululemon News Release 
Vancouver Sun Article 
Lululemon Blog

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