re 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