Stocks: Lululemon Higher in Premarket After 4Q Upgrade

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By Geoffrey Smith — Stocks in focus in premarket trade on Monday, 13th January. Please refresh for updates.

  • 8:05 AM ET: Lululemon Athletica (NASDAQ:) stock rose 2.5% after the company upgraded its revenue and earnings forecasts in the wake of a successful holiday season.
  • The company said it now expects fourth-quarter net revenue of between $1.37-$1.38 billion, up from a range around $1.32 billion previously. Earnings per shares will be between $2.22 and $2.25, around 5% higher than the company’s previous estimate. The quarter runs through Feb. 2.
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