Lululemon Projects Higher Comparable Sales for the Holidays

Athletic apparel retailer revises its guidance upward for Q4, which included the holiday shopping season

Lululemon is continuing its momentum into the new year, reporting that comparable sales for its fourth quarter ended Feb. 2, which encompasses the holiday shopping season, will be in the high teens. The company, as a result, revised its guidance upward for the quarter.

The higher than expected results at the athletic apparel retailer is a morsel of good news following last week, when a number of retailers reported either comparable sales declines for the November to December shopping period, or indicated that profit

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