Lululemon posts weak guidance despite ‘biggest day ever’ on Black Friday

Lululemon posts weak guidance despite ‘biggest day ever’ on Black Friday

Lululemon ($LULU) saw its best Black Friday ever, but that wasn’t good enough to match Wall Street’s hopes for the holiday season during the company’s latest financial release on Thursday.

The company guided for fourth quarter earnings per share (EPS) of $4.20 to $4.30 on revenue of $2.605 billion to $ 2.655 billion, compared to Wall Street estimates of $4.30 EPS on $2.65 billion in revenue.

“Black Friday was the biggest day ever in our history in terms of revenue and traffic, driven…


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