lululemon (LULU) Boosts Q4 EPS, Sales Outlook

January 10, 2012 7:32 AM EST
lululemon (Nasdaq: LULU) raises its Q4 EPS guidance from 40-42 cents to 47-49 cents, vs. the consensus of 42 cents. Sales move from $327-$332 million to $358-$363 million, which compares to the Street estimate of $334.5 million. Comps are expected to be up in the low-to-mid twenties percent range.

The company cited "stronger than anticipated net revenue for the quarter."


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