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Lululemon Lifts Guidance on Strong Holiday Sales

Sonya Bells
Updated
Lululemon Lifts Guidance on Strong Holiday Sales

Retailers had a great holiday season in 2017 with a 4.9% YoY (year-over-year) jump in holiday sales (excluding automobiles) between November 1 and December 24, 2017, according to MasterCard SpendingPulse. Holiday sales recorded the highest year-over-year increase in sales since 2011. Sales numbers outperformed the National Retail Federation’s projection of a 3.6%–4% jump (excluding automobiles, gasoline, and restaurants) and eMarketer’s forecast of a 3.1% rise.

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