Lululemon raises Q4 sales forecast following strong Christmas

Lululemon has boosted its sales forecast for its fourth quarter due to its performance over the festive period.
The activewear company now expects its net sales for Q4 to be “toward the high end” of its previously guided range of £2.59bn ($3.5bn) to £2.66bn ($3.585bn). 
The business said there was no change to its prior guidance for its gross margin, selling, general and administrative expenses, or the effective tax rate.Related Story THG revenues climb in strong Q41