• Lululemon revises Q4 revenue and earnings guidance

    8 monthes ago - By Fashion United

    Lululemon Athletica Inc., updating its net revenue and earnings guidance for the fourth quarter of fiscal 2019 ending February 2, 2020 said that it now anticipates net revenue will be in the range of 1.370 billion dollars to 1.380 billion dollars based on a total comparable sales increase in the mid to high teens on a constant dollar basis. Lululemon now expects diluted earnings per share will be in the range of 2.22 dollars to 2.25 dollars for the quarter.
    Commenting on the revised outlook, Calvin McDonald, the company's Chief Executive Officer, said in a statement: “We're excited by the...
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  • Abercrombie & Fitch reaffirms Q4 estimates

    Abercrombie & Fitch reaffirms Q4 estimates

    8 monthes ago - By Fashion United

    Abercrombie & Fitch Co. reaffirming its outlook for the fourth quarter of fiscal 2019 said that the company expects net sales to be in the range of flat to up 2 percent, reflecting an adverse impact from changes in foreign currency exchange rates of approximately 5 million dollars, comparable sales to be in the range of flat to up 2 percent, against positive comparable sales of 3 percent last year.
    Commenting on the update, Fran Horowitz, the company's Chief Executive Officer, said in a statement: “We are pleased to reaffirm our fourth quarter outlook. We experienced record revenues in the...
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  • American Eagle Outfitters expects to report flat comparable sales growth

    American Eagle Outfitters expects to report flat comparable sales growth

    8 monthes ago - By Fashion United

    American Eagle Outfitters, Inc. has announced that fourth quarter comparable sales to date are approximately flat, following a 6 percent comp increase last year. The company reaffirms its previously issued fourth quarter EPS guidance in the range of 34 cents to 36 cents per diluted share.
    “Despite some expected challenges, we delivered another holiday season of record revenue, driven by strength in the Aerie brand and American Eagle's signature jeans collections,” commented Jay Schottenstein, AEO's Chief Executive Officer.
    Picture:American Eagle Outfitters press room
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  • Crocs raises Q4 forecast, expects 13 percent rise in full year revenues

    Crocs raises Q4 forecast, expects 13 percent rise in full year revenues

    8 monthes ago - By Fashion United

    Crocs, Inc. raising its revenue guidance for the fourth quarter ended December 31, 2019 said, it now expects revenue to be between 260 and 262 million dollars, up from its previous guidance range of 245 to 255 million dollars and compared to 216 million dollars in the fourth quarter of 2018. With respect to 2019, the company expects revenues to grow approximately 13 percent over 2018 revenues of 1,088.2 million dollars. With respect to 2020 revenues, the company continues to expect 12 percent to 14 percent growth over 2019 revenues.
    “We delivered the strongest fourth quarter in Crocs'...
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