Lululemon Stock Surges on Strong Earnings and Upgraded Outlook
TL;DR Summary
Lululemon reported strong quarterly earnings, surpassing profit and sales expectations, and achieving double-digit comparable sales growth internationally. The company also raised its fiscal year 2024 guidance, exceeding Wall Street's forecasts, which boosted its stock in after-hours trading.
Topics:top-news#earnings#fy24-guidance#international-sales#lululemon#quarterly-results#stock-performance
- Lululemon delivers solid quarterly results, hikes FY24 guidance (LULU) Seeking Alpha
- Lululemon stock rises on profit beat as company boosts full-year outlook Yahoo Finance
- Lululemon stock jumps as international growth helps to offset slowing U.S. sales CNBC
- Lululemon Stock Gains on Signs of Improvement in Q3 WWD
- Lululemon’s Stock Has Rebounded. What to Expect From Earnings. Barron's
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