"Lululemon and Abercrombie Exceed Holiday Quarter Targets Amid Strong Demand"

Lululemon and Abercrombie & Fitch have raised their holiday quarter forecasts, indicating strong demand despite budget constraints. Both companies saw success with fresher styles and limited inventory, leading to higher full-price sales. Lululemon now expects fourth-quarter revenue to be between $3.17 billion and $3.19 billion, while Abercrombie forecasts a high teens percentage range increase in net sales. Other retailers, such as Crocs and American Eagle Outfitters, also saw positive stock movements after raising their holiday-quarter revenue forecasts.