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.
This Article's Word Cloud:CorporationDecemberDefinitionEarningsJewelryLULULululemonLuxuryMarketNYSENasdaqNovemberShareTiffanyZaleaheadathleticbasedbettercomparedearlierearningsexpectedfiscalforecastfourthguidanceholidayinspiredjewelerlatemillionraisedrangeretailerrevenuerosesaidsalessameseesshareshoppingstorestrongthanthatwhichyesterdayyoga
Any ideas and opinions presented in all Market News Video clips are for informational and educational purposes
only, and do not reflect the opinions of BNK Invest, Inc. or any of its affiliates, subsidiaries or partners.
In no way should any content contained herein be interpreted to represent trading or investment advice.
None of the information contained herein constitutes a recommendation that any particular security, portfolio,
transaction, or investment strategy is suitable for any specific person. All viewers agree that under no
circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held
liable for any loss or damage caused by your reliance on information obtained. Read Full Disclaimer.