Lululemon Athletica Inc. (LULU, LLL.TO), a yoga-inspired athletic apparel company, said Monday it expects fourth-quarter revenue to be at the high end of its original guidance range of $475 million to $480 million based on a comparable-store sales percentage increase in the high single digits on a constant-dollar basis.
The company said it now expects fourth-quarter earnings of $0.74 per share, compared with the prior guidance of 0.71 to $0.73 per share.
The company's stock closed Monday at $72.30, up 2.06%, on the Nasdaq. In after hours, the stock dropped 7.68%.
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