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Article Date: January 2018
Word Count: 442

Strong Holiday Sales Boost Lululemon Q4

The lulunatics now expect Q4 sales to range from $905 to $915 million, up from a prior estimate of $870 to $885 million, which will push up the EPS forecast from a prior range of $1.18 to $1.21 per share to a new range of $1.24 to $1.26 ($169.5 mm). The guidance does not include potential share repurchases under the recently announced $200 million authorization but does include a $0.01 per share charge for the ivivva restructuring. It does not include the impact of the new tax law, which is expected to result in a significant tax expense in Q4 ... Log in to view full article.


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