TIF Dividend Yield Pushes Past 2% Tuesday, September 18, 3:09 PM ET, by Market News Video Staff In trading on Tuesday, shares of Tiffany & Co. (TIF) were yielding above the 2% ...
Jewelry retailer Zale Corporation (NYSE:ZLC) said late yesterday that same-store sales rose 8.5% in November and December. November same-store sales rose 11.5%, and December same-store sales rose 7.4%
Zale said total revenue for the holiday shopping period rose 8%, to $533.1 million.
Luxury jeweler Tiffany & Co. (NYSE:TIF) raised its forecast earlier in the day yesterday, following a strong holiday shopping season.
Also late yesterday, Lululemon Athletica (NASDAQ:LULU) raised its guidance for its fourth fiscal quarter.
The yoga-inspired athletic wear retailer said it now expects earnings per share in a range of $0.55 to $0.57, compared to a prior forecast of $0.46 to $0.48 per share.
Lululemon said the guidance is based on better-than-expected net revenue, which it now sees in a range of $237 million to $239 million, well ahead of previous guidance for net revenue of $210 million to $215 million.
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