Equity Research on Lululemon Athletica Inc. and Fifth & Pacific Companies Inc. -- Apparel Clothing Adjusting Their Outlooks
(firmenpresse) - NEW YORK, NY -- (Marketwire) -- 10/23/12 -- Apparel clothing companies such as Lululemon Athletica Inc. and Fifth & Pacific Companies Inc. are heading into retail's most important season, the holidays. According to the National Retail Federation's most recent holiday consumer spending survey the average holiday shopper plans to up their spending from $740.57 last year to $749.51 this holiday season. Holiday sales have been forecast to increase by 4.1 percent to $586.1 billion. Get your free reports on and at . There is no commitment to join.
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Within the industry there have been some recent outlook adjustments as companies take into account current trends. As a result of a lower-than-expected performance from Juicy Couture, Fifth & Pacific brought down its adjusted EBITDA outlook for fiscal 2012. The company previously expected an adjusted EBITDA of $125-$140 million. However, it now projects a range of $100-$115 million. report is accessible for free by registering today at
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Following strong fiscal second quarter results last month, Lululemon has raised its outlook. The company had predicted earnings for fiscal 2012 to be between $1.55-$1.60 per share, but it now anticipates an earnings range of $1.76-$1.81 per share. report is accessible for free by registering today at
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