×
274
Fashion Jobs
NIKE
Senior Product Manager - Enterprise Service Management (Esm), India – Tech Ops Icc
Permanent · Bengaluru
AASPIRE MANAGEMENT CONSULTANTS
Manager Production – Heat Treatment - aa / RP / ht- Pdn / 18 - w / 21
Permanent · Chennai
SMART CONSULTANCY SERVICES
Deputy General Manager (Knits)
Permanent · Bengaluru
WORKOID CONSULTANTS.
Production Manager-Handicrafts-Udaipur
Permanent · Udaipur
SIYARAM SILK MILLS LTD
Regional Sales Manager Fabric - South Region (India)
Permanent · Chennai
AVENUE SUPERMARTS LIMITED
Operations Manager
Permanent · Chennai
WEATHER RISK MANAGEMENT SERVICES PRIVATE LIMITED
Production Manager(1+ Years)-Kanpur
Permanent · Kanpur
ISHIN
E-Commerce Business Development Manager
Permanent · Mumbai
ISHIN
E-Commerce - Listing Manager
Permanent · Mumbai
NIKE
Software Engineering Manager - Operations & Logistics Technology, India – Move Icc
Permanent · Bengaluru
NIKE
Principal Quality Engagement Manager, India – Tech Ops Icc
Permanent · Bengaluru
BIG SOFT HR SOLUTIONS
Production Manager (Mechanical) Mumbai
Permanent · Mumbai
BIG SOFT HR SOLUTIONS
Production Manager (Electrical) Mumbai
Permanent · Mumbai
BIG SOFT HR SOLUTIONS
Production Manager Tetra Line
Permanent · Mumbai
ISHIN
Sales Manager / Bdm - Women's Apparel (Retail/Wholesale)
Permanent · Mumbai
SVA BY SONAM & PARAS MODI
Store Merchandiser
Permanent · MUMBAI
NIKE
Transformational Initiative Information Security Lead, India - Cis Icc
Permanent · Bengaluru
NIKE
Senior Engineering Manager - Nike Content Platform, India - Marketing Technology Icc
Permanent · Bengaluru
NIKE
Cyber Security Data Engineer (Governance), India – Cis Icc
Permanent · Bengaluru
NIKE
Application Security Architecture Consultant, India - Cis Icc
Permanent · Bengaluru
NIKE
Manager Data Products, Data & Analytics, India – ed&a Icc
Permanent · Bengaluru
NIKE
Lead Product Manager, India - ed&a Icc
Permanent · Bengaluru
Published
Jan 12, 2021
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Lululemon shares positive fourth-quarter outlook

Published
Jan 12, 2021

Lululemon Athletica Inc. shared a very positive update for its fourth quarter, announcing on Monday that it now expects revenue and earnings to be at the “high end” of its prior guidance range for the quarter ending January 31, 2021.

Lululemon shares positive Q4 outlook. - Facebook: Lululemon


The Vancouver-based athleticwear brand said that it now expects its growth rate in net revenue compared to the prior year period to be at the high end of its mid-to-high teens expectation.

Lululemon also expects the growth rate in adjusted diluted earnings per share to now be at the high end of its mid-single digits expectation.

 Chief executive officer, Calvin McDonald, attributed the results to strong holiday sales. 

“We’re pleased with the momentum over the holiday period as our investments in lululemon and Mirror allowed us to connect with guests both physically and digitally,” said McDonald.

“We remain confident about our opportunities in 2021 and committed to our Power of Three growth plan.”

Lululemon is one of the few winners in the retail landscape amid the Covid-19 pandemic, which has caused widespread store closures and bankruptcy across the industry. 

In December, Lululemon announced net revenue of $1.1 billion for the third quarter ended November 1, 2020, up 22 percent from $916.1 million in the same period in the previous year. 

Last week, it equally launched a capsule collection, created in collaboration with London artist and designer Ed Curtis. The line consists of 19 items in a range of colourful graphics.

Copyright © 2021 FashionNetwork.com All rights reserved.