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Lululemon Athletica Newsroom
Goldman Sachs released insights on Earnings Reports for the US retail and Dining Industry: overall revenue exceeded expectations, seeking new opportunities amidst differentiation.
On the eve of the ICR (Investor) conference, the Retail and Dining Industry updated its Earnings Reports guidance. Goldman Sachs stated that the overall revenue of the industry exceeded expectations, but after the trend diverged, the pattern of winners and losers remains clear.
US retailers are optimistic about the performance of the holiday shopping season, but Wall Street questions the sustainability of the growth.
Lululemon and American Eagle both raised their sales expectations for the holiday shopping season, but their stock prices fell; Abercrombie & Fitch also raised its performance expectations, but the increase was minor, leading to a dive in its stock price.
Many well-known retailers have announced their early holiday season sales, most of which exceeded expectations, but Wall Street is not buying it.
After seeing strong consumer purchases during the important holiday season, companies such as Lululemon, Abercrombie & Fitch, and American Eagle have raised their fourth-quarter performance expectations. Urban Outfitters also achieved strong holiday season growth, but Macy's indicated that its performance in the crucial quarter fell short of expectations.
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Lululemon Athletica Analyst Ratings
Abercrombie, Lululemon Raise Fourth-Quarter Sales Targets, Macy's Flags Potential Miss
Benzinga Market Summary: Nasdaq Slides As Chip Stocks Fall On US Export Restrictions, Cleveland-Cliffs And Nucor Partner For Potential US Steel Bid, Lululemon Raises Guidance
Lululemon Lifts Q4 Sales, Profit Outlook After Holiday Shopping Season
Lululemon Sees Higher, Better Quality Sales Over Holidays -- Market Talk
Why Is Lululemon Athletica Stock Gaining On Monday?
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Clothing Retailers Had a Jolly Holiday, Boosting Guidance for 4Q -- Market Talk
Sector Update: Consumer Stocks Mixed Pre-Bell Monday
The retail event ICR is approaching, which US stocks are worth paying attention to?
As one of the most notable retail conferences this year, management teams from over 250 leading public and private growth companies will be in attendance.
Sector Update: Consumer
Lululemon Stock Rises on Boost to Earnings and Revenue Guidance
Exchange-Traded Funds, Equity Futures Lower Pre-Bell Monday Amid Declining Rate Cut Hopes