Why Lululemon, Crocs, American Eagle, and Abercrombie are upping their sales estimates
Moderating food and gas prices are helping consumers to shift their spending to discretionary items.
Source: aol.com
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Lululemon, Abercrombie Lift Outlook on Solid Holiday Sales
(Bloomberg) -- Lululemon Athletica Inc., Abercrombie & Fitch Co. and American Eagle Outfitters Inc. raised their sales outlooks on Monday on the back of a strong holiday quarter, bucking fears of consumer weakness amid stubbornly high inflation and elevated interest rates. Most Read from BloombergMusk’s Drug Use Concerns Tesla, SpaceX Leaders, WSJ SaysBoeing Slumps After Panel Blowout Leads to Partial 737 GroundingChina Says It Caught Foreign Consultant Spying for UK’s MI6The upgrades come after
Source: yahoo.com
American Eagle Outfitters Raises Fourth Quarter Guidance Reflecting Record Holiday Sales
American Eagle Outfitters, Inc. today announced that fourth quarter-to-date revenue, through Saturday, December 30, 2023, is up approximately 8%, with American Eagle tracking up high single digits...
Source: marketscreener.com
Abercrombie, American Eagle and Lululemon raise holiday sales outlooks
Investors are starting to get a clearer picture of which companies captured more of holiday shoppers’ dollars.
Source: nbclosangeles.com
Abercrombie and Lululemon report early holiday results
Investors are starting to get a clearer picture of which companies captured more of holiday shoppers' dollars.
Source: cnbc.com