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Lululemon higher after lifting Q4 guidance

Jan. 12, 2015 8:39 AM ETLululemon Athletica Inc. (LULU) StockBy: Clark Schultz, SA News Editor
  • Lululemon (NASDAQ:LULU) updates guidance for Q4 as part of its ICR XChange presentation.
  • The company sees revenue of $595M-$600M for the quarter vs. $570M-$585M prior guidance on a 6%-7% lift in comps.
  • EPS is pegged at $0.71-$0.73 vs. $0.65-$0.69 prior.
  • "We are entering 2015 in very good shape," tips management.
  • LULU +6.6% premarket.

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