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Article Date: January 2017
Word Count: 269

Lululemon and Genesco Had a Happy Holiday, but Shoe Carnival Lagged


LULU narrowed its Q4 revenue and earnings expectations to the top end of its previous guidance range citing a strong Holiday season in both stores and digital channels. It now expects revenue of $775 to $785 million assuming total comp sales increasing mid-single digits on a constant dollar basis, compared to previous guidance of $765 to $785 million. Net income is now seen as coming in at $0.99 to $1.01 per share, at the top of previous EPS guidance of $0.96 to $1.01.

 

Genesco, meanwhile, saw comps that were flat overall for the quarter-to-date period ended Jan. 5 with +8% at ... Log in to view full article.

 


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