This week's biggest % winners & losers : March 25 - 29, 19 (wk 13)

The following are this week's top percentage gainers and losers, categorized by sectors (over $300 mln market cap and 100K average daily volume).

This week's top 20 % gainers

• Healthcare: TCDA (38.62 +61.19%), CCXI (13.89 +27.31%), DNLI (23.22 +19.38%), AMRN (20.76 +18.56%), ADAP (4.30 +18.46%), GLPG (117.78 +18.41%), TGTX (8.04 +17.72%), GRTS (13.30 +16.16%), GTHX (16.6 +15.28%)
• Materials: EXP (84.30 +18.25%)
• Consumer Discretionary: BBBY (16.99 +24.01%), MOV (36.38 +14.91%), LULU (163.87 +14.43%), KMX (69.80  +13.26%)  
• Information Technology: AVYA (16.83 +27.4%), PRGS (44.37 +23.87%), QTNA (24.33 +21.59%), SYNA (39.75 +21.49%), SVMK (18.21 +21.24%), BB (10.09  +11.86%)

This week's top 20 % losers

• Healthcare: ARA (6.14 -35.37%), CDNA (31.52 -14.63%), TYME (1.76 -14.56%), CYH (3.73 -13.66%), IRTC (74.96 -11.75%), ABMD (285.59 -11.64%), SGRY (11.28 -10.9%)
• Materials: MUX (1.50 -10.71%), SA (12.39 -10.61%)
• Industrials: NLSN (23.67 -11.88%), MAXR (4.02 -11.26%)
• Consumer Discretionary: RH (102.95 -21.45%), HOME (17.86 -19.44%)
• Information Technology: SGH (19.2 -18.02%)
• Energy: PVAC (44.1 -14.39%), CVIA (5.59 -14%)

=lululemon athletica (LULU) reported earnings on Wed 27 March 19 (a/h)

lululemon athletica beats by $0.10, beats on revs; guides Q1 EPS and comps above consensus; guides FY20 EPS and comps above consensus; Board authorizes $500M stock repurchase program

• Reports Q4 (Jan) earnings of $1.85 per share, $0.10 better than the S&P Capital IQ Consensus of $1.75; revenues rose 25.6% year/year to $1.17 bln vs the $1.15 bln S&P Capital IQ Consensus. 
• On January 14, co raised Q4 EPS to $1.72-1.74 from $1.64-1.67, revs to $1.14-1.15 bln from $1.115-1.125 bln and comparable sales to mid-to-high teens growth on a constant dollar basis from high-single to low-double digits on a constant dollar basis).
• Excluding net revenue from the 53rd week of fiscal 2018, total comparable sales increased 16%, or increased 17% on a constant dollar basis. Comparable store sales increased 6%, or increased 7% on a constant dollar basis. Direct to consumer net revenue increased 37%, or increased 39% on a constant dollar basis. Gross margin was 57.3%, an increase of 100 basis points compared to the fourth quarter of fiscal 2017
• Co issues guidance for Q1, sees EPS of $0.68-0.70 vs. $0.67 S&P Capital IQ Consensus; sees Q1 revs of $740-750 mln vs. $742.73 mln S&P Capital IQ Consensus, based on a total comparable sales increase in the low-double digits on a constant dollar basis vs. +8% ests in USD.
• Co issues guidance for FY20, sees EPS of $4.48-4.55 vs. $4.40 S&P Capital IQ Consensus; sees FY20 revs of $3.70-3.74 bln vs. $3.71 bln S&P Capital IQ Consensus, based on a total comparable sales increase in the low-double digits on a constant dollar basis vs. +8.2% ests in USD

Earnings this week : March 25 - 29, 19 (wk 13)

Earnings confirmed for next week

Monday (March 25)

• Morning: CMCM WGO YRD
• Afternoon: RHT

Tuesday (March 26)

• Morning: CCL CONN CRON FDS INFO MKC NEOG
• Afternoon: KBH OLLI SCVL

Wednesday (March 27)

• Morning: HOME LEN OMN PAYX SCWX TITN UNF VRNT
• Afternoon: FIVE FUL LULU PVH SNX VRNT

Thursday (March 28)

• Morning:  ACN MOV QIWI RUBY SPWH
• Afternoon: OXM PRGS RH SAIC SGH 

Friday (March 29)

• Morning: BB  KMX

Notable earnings reports: MediWound (NASDAQ:MDWD), Red Hat (NYSE:RHT), Winnebago, (NYSE:WGO), Yirendai (NYSE:YRD) and FalconStor Software (OTC:FALC) on March 25;

Neogen (NASDAQ:NEOG), PhaseBio Pharmaceuticals (NASDAQ:PHAS), IHS Markit (NASDAQ:INFO), Carnival (NYSE:CCL), Conn's (NASDAQ:CONN), McCormick & Co. (NYSE:MKC), Ollie's Bargain Outlet Holdings (NASDAQ:OLLI), Shoe Carnival (NASDAQ:SCVL), KB Home (NYSE:KBH) and Orion Group Holdings (NYSE:ORN) on March 26;

Affimed (NASDAQ:AFMD), Osmotica Pharmaceuticals (NASDAQ:OSMT), electroCore (NASDAQ:ECOR), Fuller (NYSE:FUL), Bassett Furniture Holdings (NASDAQ:BSET), At Home Group (NYSE:HOME), UniFirst (NYSE:UNF), Five Below (NASDAQ:FIVE), Lululemon (NASDAQ:LULU), PVH, RumbleON (NASDAQ:RMBL), Lennar (NYSE:LEN), Paychex (NASDAQ:PAYX), Weidai (NYSE:WEI), SecureWorks (NASDAQ:SCWX), Synnex (NYSE:SNX), Verint (NASDAQ:VRNT), Arcos Dorados Holdings (NYSE:ARCO) and Evine Live (NASDAQ:EVLV) on March 27;

Forty Seven (NASDAQ:FTSV), Rubius Therapeutics (NASDAQ:RUBY), Tricida (NASDAQ:TCDA), Unum Therapeutics (NASDAQ:UMRX), Vascular Biogenics (NASDAQ:VBLT), Accenture (NYSE:ACN), Progress Software (NASDAQ:PRGS), SAIC, Smart Global Holdings (NASDAQ:SGH), China Automotive Systems (NASDAQ:CAAS), Dollarama (OTC:DLMAF), MAV Beauty Brands (OTCPK:MAVBF), Movado Group (NYSE:MOV), Sportsman's Warehouse (NASDAQ:SPWH), Oxford Industries (NYSE:OXM), Reed's (NYSEMKT:REED), RH, Qiwi (NASDAQ:QIWI), Syncora Holdings (OTCPK:SYCRF) and Gafisa (OTC:GFASY) on March 28.

BlackBerry (NYSE:BB) and CarMax (NYSE:KMX) on March 29.

=lululemon athletica (LULU) reported earnings on Thur 30 August 2018 (a/h)

lululemon athletica beats by $0.22, beats on revs; guides Q3 EPS above consensus, revs above consensus; raises FY19 EPS outlook above consensus, revs above consensus 

• Reports Q2 (Jul) earnings of $0.71 per share, $0.22 better than the S&P Capital IQ Consensus of $0.49; revenues rose 24.5% year/year to $723.5 mln vs the $667.83 mln S&P Capital IQ Consensus. Comps 20% vs 9.6% estimate
  • Comparable store sales increased 10%, or increased 10% on a constant dollar basis. Direct to consumer net revenue increased 48%, or increased 47% on a constant dollar basis.
  • Gross margin was 54.8%, an increase of 360 basis points compared to the second quarter of fiscal 2017.
• Co issues upside guidance for Q3, sees EPS of $0.65-0.67 vs. $0.63 S&P Capital IQ Consensus; sees Q3 revs of $720-730 mln vs. $707.41 mln S&P Capital IQ Consensus.
• Co issues upside guidance for FY19, sees EPS of $3.45-3.53 vs. $3.24 S&P Capital IQ Consensus; sees FY19 revs of $3.185-3.235 bln vs. $3.09 bln S&P Capital IQ Consensus.

Earnings this week : August 27 - 31, 18 (wk 35)

Earnings confirmed to report this week

Monday (August 27)

• Morning: AMWD  PKX MBT JT SVA FGBI PEBK TATT
• Afternoon: HEI PAHC  SHG BAP WF BILI  RYB MESA

Tuesday (Aug 28)

• Morning: BBY BJ BMO BNS CTLT  DSW HAIN SFUN SXI TIF
• Afternoon: BOX HPE HRB LCI NCS OOMA PSEC SCSC  SCVL TLRY YRD

Wednesday (Aug 29)

• Morning: AEO BF.B CHS DKS DY EV EXPR MOV
• Afternoon: CRM GEF GES HOME PVH SMTC TLYS UEPS

Thursday (Aug 30)

• Morning: ANF BURL CIEN CPB DG  DLTR  GMS KIRK MEI MIK PDCO SIG TD TECD TITN
• Afternoon: AMBA  AOBC  COO  LULU  NTNX PAGS ULTA YEXT ZUO

Friday (Aug 31)

• Morning: BIG  

=lululemon athletica (LULU) reported earnings on Thur 31 May 2018 (a/h)

lululemon athletica beats by $0.09, beats on revs; guides Q2 EPS above consensus, revs above consensus; raises FY19 EPS above consensus, raises revs above consensus 

• Reports Q1 (Apr) earnings of $0.55 per share, $0.09 better than the Capital IQ Consensus of $0.46; revenues rose 24.9% year/year to $649.7 mln vs the $616.69 mln Capital IQ Consensus
  • Comparable sales increase 20%, or 19% on a constant dollar basis
• Co issues upside guidance for Q2, sees EPS of $0.46-0.48 vs. $0.44 Capital IQ Consensus Estimate; sees Q2 revs of $660-665 mln vs. $645.22 mln Capital IQ Consensus Estimate; Q2 sales forecast based on a total comparable sales increase in the high single digits on a constant dollar basis
• Co raises guidance for FY19, sees EPS of $3.10-3.18 vs. $3.09 Capital IQ Consensus Estimate; sees FY19 revs of $3.04-3.08 bln vs. $3.03 bln Capital IQ Consensus Estimate; FY19 sales forecast based on a total comparable sales increase in the high single digits on a constant dollar basis

-=lululemon athletica (LULU) reported earnings on Tue 27 March 18 (a/h)

lululemon athletica beats by $0.06, beats on revs; guides Q1 EPS and rev above consensus; guides FY19 EPS in-line, revs above consensus 

• Reports Q4 (Jan) earnings of $1.33 per share, excluding non-recurring items, $0.06 better than the Capital IQ Consensus of $1.27; revenues rose 17.6% year/year to $929 mln vs the $912.41 mln Capital IQ Consensus. 
• Total comparable sales increased 12%, or increased 11% on a constant dollar basis vs. high single digit guidance. Comparable store sales increased 2%, or increased 1% on a constant dollar basis. Direct to consumer net revenue increased 44%, or increased 42% on a constant dollar basis.
• Adjusted gross margin was 56.2%, an increase of 200 basis points.
• On January 8, co raised Q4 EPS to $1.24-1.26 from $1.19-1.22, revenue to $905-915 million from $870-885 million and comparable store sales to high single digit growth in constant currency from mid-single digit growth.
• Co issues upside guidancefor Q1, sees EPS of $0.44-0.46 vs. $0.40 Capital IQ Consensus Estimate; sees Q1 revs of $612-617 mln vs. $585.52 mln Capital IQ Consensus Estimate; low double digit comps ex-FX
• Co issues guidancefor FY19, sees EPS of $3.00-3.08 vs. $3.03 Capital IQ Consensus Estimate; sees FY19 revs of $2.985-3.022 bln vs. $2.95 bln Capital IQ Consensus Estimate; mid to high single digit comps ex-FX. 

LULU : breakout imminent?

• The 50-day moving average held firm, as did the horizontal support zone at $76.
• Volume patterns have been resoundingly bullish over the past two weeks.
• The participation during every up day has outpaced that during each down day.
• Though the S&P 500 remains well off its recent peak, LULU has already reclaimed all lost ground and is fast approaching new all-time highs.
• Weekly: Since 2012, $82 has acted as an impenetrable ceiling in the sky halting a handful of the stock’s previous uptrends. If this week’s breakout attempt succeeds, it will mark a major victory for bulls and potentially kick-start a substantial rally.

daily

weekly

Buy the June $80/$90 bull call spread for $4.40. By using June options, we’re giving the stock four months to pop towards $90. If you wanted a more aggressive play, you could build the trade with March options.

The max loss is $4.40, and the max gain is $5.60. That means you could capture a 127% return on investment if you ride all the way to expiration and LULU stock sits above $90.

• 16 months later

CNBC reco: Jon Najarian Sees Unusual Activity in KSS & LULU

• source investitute.com; April 19, 2017
• charts several months later: options trades did NOT work out

KSS

Traders are buying a few thousand May 42.50 calls, selling puts against them to create a bullish spread. Jon thinks the stock trades higher into earnings, will be in it for 2-3 weeks.

LULU

Jon saw some unusual activity in LULU a few weeks ago and has been holding the name in light of some private equity speculators coming into the name. Jon sold some puts in LULU a few weeks ago, and is holding May call options until expiration.

=lululemon athletica (LULU) reported earnings on Wed 6 Dec 17 (a/h)

lululemon athletica beats by $0.04, beats on revs; guides Q4 EPS and rev above consensus 

• Reports Q3 (Oct) earnings of $0.56 per share, excluding non-recurring items, $0.04 better thanthe Capital IQ Consensus of $0.52; revenues rose 13.7% year/year to $619 mln vs the $610.56 mln Capital IQ Consensus. 
• Total comparable sales increased 8%, or increased 7% on a constant dollar basis vs. guidance for mid single digit growth. Comparable store sales increased 2%, or increased 1% on a constant dollar basis. Direct to consumer net revenue increased 26%, or increased 25% on a constant dollar basis.
• Adjusted gross margin was 52.2%, an increase of 110 basis points.
• Co issues upside guidancefor Q4, sees EPS of $1.19-1.22, excluding non-recurring items, vs. $1.17 Capital IQ Consensus Estimate; sees Q4 revs of $870-885 mln vs. $869.64 mln Capital IQ Consensus, based on a total comparable sales increase in the mid-single digits on a constant dollar basis. 
• "As we start the holiday season, I'm energized by our momentum and we are increasing guidance to reflect this performance. I'm grateful for the enthusiasm I see every day across our collective as we remain on our path to delivering $4 billion in revenue in 2020."
• Co also announced that its board of directors has approved a new stock repurchase program for up to $200 million of its common shares in the open market at prevailing market prices.

This week's biggest % winners & losers : May 30 - June 2, 17 (wk 22)

The following are this week's top 20 percentage gainers and top 20 percentage losers, categorized by sectors (over $300 mln market cap and 100K average daily volume).

This week's top 20 % gainers

• Healthcare: NERV (9.95 +19.88%), ACHN (5.03 +19.48%), TXMD (4.61 +15.83%), EXAS (38.31 +14.98%), SGYP (4 +14.94%), RVNC (24.9 +13.44%), NH (3.48 +13.36%), JUNO (26.21 +12.49%), SUPN (40.05 +12.03%)
• Consumer Discretionary: CONN (18.6 +17.72%), LULU (54.29 +12.56%), RCII (12.5 +11.51%)
• Information Technology: PANW (138.11 +16.96%), HIMX (7.8 +16.77%), CIEN (27.5 +15.55%), FIVN (24.32 +11.66%)
• Energy: ATW (10.13 +25.37%), ANW (6.05 +18.63%)

This week's top 20 % losers

• Healthcare: MACK (1.52 -53.94%), NLNK (12.59 -12.2%)
• Materials: AKG (1.56 -23.15%), UAN (3.78 -14.29%), SBGL (4.85 -12.14%), NAK (1.53 -11.56%)
• Industrials: GOGL (5.66 -11.15%)
• Consumer Discretionary: RH (42.54 -26.41%), BOOT (5.98 -25.16%), EXPR (6.25 -20.38%)
• Energy: DNR (1.43 -18.29%), GLNG (22.51 -15.38%), OSG (2.65 -14.79%), SWN (5.74 -13.16%), CRC (10.3 -13.08%), ECR (2.11 -12.81%), GPOR (13.39 -11.91%), BBG (3.35 -11.61%), SDRL (0.46 -11.43%), BTE (2.8 -10.54%)

=lululemon athletica (LULU) reported earnings on Thur 1 June 17 (a/h)

lululemon athletica beats by $0.04, beats on revs; guides Q2 EPS below consensus, revs in-line; guides FY18 EPS in-line, revs in-line:

• Reports Q1 (Apr) earnings of $0.32 per share, $0.04 better than the Capital IQ Consensus of $0.28; revenues rose 5.0% year/year to $520.3 mln vs the $513.99 mln Capital IQ Consensus.
  • Total comparable sales decreased 1%, or decreased by 1% on a constant dollar basis. 
  • Comparable store sales decreased 2%, or decreased by 1% on a constant dollar basis.  
  • Direct to consumer net revenue was flat, and was flat on a constant dollar basis.
  • Gross profit was $256.9 million, an increase of 7% compared to the first quarter of fiscal 2016. Adjusted gross profit was $262.3 million, an increase of 10%.
  • Gross margin was 49.4%, an increase of 110 basis points compared to the first quarter of fiscal 2016. Adjusted gross margin was 50.4%, an increase of 210 basis points.
• Co issues guidance for Q2, sees EPS of $0.33-0.35, excluding non-recurring items, vs. $0.41 Capital IQ Consensus Estimate; sees Q2 revs of $565-570 mln vs. $559.95 mln Capital IQ Consensus Estimate.
• Co issues in-line guidance for FY18, sees EPS of $2.28-2.38, excluding non-recurring items, vs. $2.31 Capital IQ Consensus Estimate; sees FY18 revs of $2.53-2.58 bln vs. $2.56 bln Capital IQ Consensus Estimate.

=lululemon athletica (LULU) reported earnings on Wed 29 March 2017 (a/h)

lululemon athletica misses by $0.01, reports revs in-line; guides Q1 EPS below consensus, revs below consensus; guides FY18 EPS below consensus, revs below consensus :

• Reports Q4 (Jan) earnings of $1.00 per share, $0.01 worse than the Capital IQ Consensus of $1.01; revenues rose 12.0% year/year to $789 mln vs the $783.32 mln Capital IQ Consensus.
  • Comp Store Sales increased 6% y/y, gudiance was for mid-single digits.
• Co issues downside guidance for Q1, sees EPS of $0.25-0.27, excluding non-recurring items, vs. $0.39 Capital IQ Consensus Estimate; sees Q1 revs of $510-515 mln vs. $552.44 mln Capital IQ Consensus Estimate.
  • See Comp Sales decrease in the low single digits.
• Co issues downside guidance for FY18, sees EPS of $2.26-2.36, excluding non-recurring items, vs. $2.56 Capital IQ Consensus Estimate; sees FY18 revs of $2.550-2.600 bln vs. $2.62 bln Capital IQ Consensus Estimate.
  • Expects Comp store sales increase in low-single digits.

=lululemon athletica (LULU) reported earnings Wed 7 Dec 2016 (a/h)

lululemon athletica beats by $0.07, reports revs in-line; guides Q4 EPS in-line, revs below consensus; announces $100 mln share repurchase :

• Reports Q3 (Oct) earnings of $0.50 per share, $0.07 better than the Capital IQ Consensus of $0.43; revenues rose 13.5% year/year to $544.4 mln vs the $539.94 mln Capital IQ Consensus.
  • Gross profit increased by 24% to $278.4 million, and as a percentage of net revenue gross profit was 51.1% compared to 46.9% in the third quarter of fiscal 2015
  • Inventories at the end of the third quarter of fiscal 2016 increased by 2% to $364.5 million compared to $357.8 million at the end of the third quarter of fiscal 2015.
• Co issues guidance for Q4, sees EPS of $0.96-1.01, excluding non-recurring items, vs. $1.00 Capital IQ Consensus Estimate; sees Q4 revs of $765-785 mln vs. $786.74 mln Capital IQ Consensus Estimate; based on total comparable sales in the mid-single digits on a constant dollar basis.
• Share Repurchase Program
  • The Company also announced that its board of directors has approved a stock repurchase program for up to $100 million of its common shares in the open market at prevailing market prices.

lululemon athletica (LULU) reported earnings Thur 1 Sept 2016 (a/h)

** charts before earnings **

 

** chart after earnings **

lululemon athletica reports EPS in-line, revs in-line; guides OctQ EPS in-line, revs in-line; guides FY17 EPS in-line, revs in-line, total comps +4% or +5% on constant dollar basis :

• Reports Q2 (Jul) earnings of $0.38 per share, excluding non-recurring items, in-line with the Capital IQ Consensus of $0.38; revenues rose 13.6% year/year to $514.52 mln vs the $515.78 mln Capital IQ Consensus.
• Co issues in-line guidance for Q3 (Oct), sees EPS of $0.42-0.44 vs. $0.44 Capital IQ Consensus Estimate; sees Q3 revs of $535-545 mln vs. $542.52 mln Capital IQ Consensus Estimate. Guidance is based on total comparable sales in the mid-single digits on a constant dollar basis.
• Co issues in-line guidance for FY17, sees EPS of $2.07-2.15, excluding non-recurring items, vs. $2.14 Capital IQ Consensus Estimate; sees FY17 revs of $2.325-2.350 bln vs. $2.347 bln Capital IQ Consensus Estimate. Guidance is based on total comparable sales in the mid-single digits on a constant dollar basis.
• Total comparable sales, which includes comparable store sales and direct to consumer, increased by +4%, or by +5% on a constant dollar basis. This compares to prior guidance of total comparable sales up in the mid-single digits on a constant dollar basis.
• Comparable store sales (excluding direct to consumer) increased by +3%, or by +4% on a constant dollar basis. 

=lululemon athletica (LULU) reported earnings Wed 8 June 2016 (b/o)

 lululemon athletica beats by $0.02, beats on revs; guides Q2 EPS below consensus, revs below consensus; raises FY17 revs in-line; sees FY17 EPS in-line :

• Reports Q1 (Apr) earnings of $0.33 per share, $0.02 better than the Capital IQ Consensus of $0.31; revenues rose 17.0% year/year to $495.5 mln vs the $487.82 mln Capital IQ Consensus.
  • Total comparable sales, which includes comparable store sales and direct to consumer, increased by 6%, or by 8% on a constant dollar basis.
  • Comparable store sales increased by 3%, or by 5% on a constant dollar basis.
  • Direct to consumer net revenue increased by 17% to $97.6 million, or by 18% on a constant dollar basis.

Outlook

• Co issues downside guidance for Q2, sees EPS of $0.36-0.38 vs. $0.39 Capital IQ Consensus Estimate; sees Q2 revs of $505-515 mln vs. $513.59 mln Capital IQ Consensus Estimate.
  • Q2 total comparable sales in the mid-single digits on a constant dollar basis
• Co issues in-line guidance for FY17, sees EPS of $2.08.2.18 vs. $2.15 Capital IQ Consensus Estimate; sees FY17 revs of $2.305-2.345 bln vs. $2.33 bln Capital IQ Consensus Estimate and compared to $2.285-2.335 bln prior

LULU — is it a buy?

• $61 on 5/20/16

 

• 10 days later (6/1/16):  $65.40  (+5%)

• A week later (6/8/16), after earnings: $69.41  (another +6%  or +12% since 5/20/16)

LULU — is it a buy?

• Positive reaction to earnings. Is it a buy?

• 2 weeks later (4/14/16) : LULU hasn't moved much. Is it a buy now?

• LULU went up for several days, then began do go down

• And down some more

lululemon athletica (LULU) reported earnings Wed 30 March 2016 (b/o)

** charts before earnings **

** charts after earnings **

lululemon athletica beats by $0.05, beats on revs; guides Q1 EPS below consensus, revs in-line; guides FY17 EPS below consensus, revs in-line; Q4 comps +11% :

• Reports Q4 (Jan) earnings of $0.85 per share, $0.05 better than the Capital IQ Consensus of $0.80; revenues rose 16.9% year/year to $704.3 mln vs the $693.83 mln Capital IQ Consensus. LULU reports Q4 total comps of +11% vs +high single digits prior guidance and +8% estimate. 
• Co issues guidance for Q1, sees EPS of $0.28-0.30 vs. $0.37 Capital IQ Consensus Estimate; sees Q1 revs of $483-488 mln vs. $484.73 mln Capital IQ Consensus Estimate.  LULU sees Q1 total comparable store sales mid single digits on a constant dollar basis vs +7% estimate
• Co issues guidance for FY17, sees EPS of $2.05-2.15 vs. $2.16 Capital IQ Consensus Estimate; sees FY17 revs of $2.285-2.335 bln vs. $2.33 bln Capital IQ Consensus Estimate. LULU sees fiscal 2016 (FY17) total comparable store sales increase in the mid-single digits on a constant dollar basis vs +6% estimate.

=Lululemon (LULU) raises Q4 guidance

Athletic gear maker Lululemon Athletica Inc. (LULU) raised its fourth-quarter revenue and earnings guidance after markets closed on Monday. The company increased its revenue guidance from a prior range of $670 million to $685 million to a new range of $690 million to $695 million.

Fourth-quarter earnings per share guidance was also raised from a prior range of $0.75 to $0.78 to a new range of $0.78 to $0.80.