Investors ran full speed toward Lululemon Athletica Thursday after the association overcame a resigned consumer spending sourroundings to kick The Street with the fourth-quarter results.The Vancouver-based association pronounced it warranted $28.5 million, or 40 cents per share in the entertain finale Jan. 31, up from $10.9 million, or sixteen cents per share in the year-ago period. Sales for the fourth entertain rocketed to $160.6 million, up 55% from $103 million in the identical duration a year prior.emailprintreprintnewslettercommentssharedel.icio.usDigg It!yahooFacebookTwitterRedditrssforbes:http://www.forbes.com/2010/03/25/lululemon-nike-athletics-markets-equities-apparel-retail-gap-american-eagle-closer.html?partner=yahoobuzzLululemon ( LULU - news - people ) at large kick the estimates of analysts polled by Thomson Reuters, who likely benefit of twenty-nine cents per share on sales of $143.5 million. On headlines of the results, shares leaped to $40.95, their top cost given mid-2008, afterwards slid behind to$39.40, up 9.3%, or $3.35 on the day.The companys fourth-quarter sales were increased by a 29% enlarge in stores open some-more than one year, that Christine Day, the arch executive, says "reflects the strength of the Lululemon code driven by the quality, design, product creation and singular positioning."Investors were serve energized by Lululemons better-than-expected guidance. For the initial entertain of mercantile 2010, the association expects to consequence in between eighteen cents and twenty cents per share, and $1 to $1.05 per share for the full year. Analysts are presaging first-quarter benefit of seventeen cents per share and full-year increase of 96 cents per share.According to Stifel Nicolaus researcher Richard Jaffe, Lululemon has finished a improved pursuit of handling the register levels lately. "Inventory appears to be in great shape, down 24% per block feet as government is effectively using the commercial operation on leaner inventory, the outcome of systems that were implemented over the past year.",,2010/03/25/lululemon-nike-athletics-markets-equities-apparel-retail-gap-american-eagle-closer.htmlLululemon right away operates some-more than 100 stores in the U.S., Canada, Hong Kong and Australia. The marketplace for jaunty attire has not long ago gotten some-more swarming with Gap ( GPS - news - people ) and American Eagle ( AEO - news - people ) both adding the shred to their brands. A new Morningstar inform records that the series of Americans putting in service yoga has doubled in the last five years. Fourteen million people do yoga right away (or at slightest they contend they do), according to researcher Zoe Tan. "Yoga wear has started to benefit mainstream interest and is right away deliberate by most to be select infrequent wear," she says. (See "When You Get Lululemons, Make Lemonade.")Earlier this month, associate jaunty attire tradesman Nike ( NKE - news - people ) strike an alltime high after the third-quarter benefit kick analysts" estimates. Citi researcher Kate McShane reiterated her buy rating on the batch after the association reported the third-quarter formula and lifted her cost aim to $80, up from $75. While she approaching the batch to traffic higher on the quarterly earnings, McShane says she will sojourn bullish on the batch by May 5, financier day and the finish of the companys mercantile year, at that point she expects government to make known "further expansion opportunities for apparel, long-term-growth targets and collateral allocation." (See: Nike Has Running Room)
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