The strong holiday season prompted retailers Lululemon Athletica and Abercrombie & Fitch to raise their quarterly forecasts for the current quarter, albeit with different responses from investors.
Lululemon previously projected sales between $3.48 billion and $3.51 billion and profit per share between $5.56 and $5.64....
Athletic apparel retailer Lululemon Athletica reported another strong quarterly performance that sent its stock 12.72 percent up on Wednesday. The company managed to beat Wall Street expectations with a healthy margin, extending its streak to 11 quarters.
Lululemon reported revenue of $2.77 billion compared to...
