Markets

Lululemon surges to a fresh high after boosting its sales forecast

Lululemon on Monday raised its fourth-quarter fiscal 2019 revenue and earnings guidance after a solid holiday period. Shares of the retailer surged as much as 3.6% to a fresh all-time high. The athleisure retailer’s strong performance comes amid mixed holiday sales reports from other retailers. It builds on a strong […]
Lululemon surges to a fresh high after boosting its sales forecast
Markets

Lululemon’s e-commerce game could help it get to $4 billion in sales

Lululemon reported quarterly earnings that beat Wall Street estimates. The athleisure retailer has outperformed in e-commerce sales, which should help the company reach its goal of hitting $US4 billion in total sales by 2022. A Credit Suisse analyst raised its price target to $US98 per share. You can view Lululemon’s […]
Lululemon’s e-commerce game could help it get to $4 billion in sales