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US Q1 in brief: Lululemon, Burlington Stores, Sears, J Crew
2015-05-22 12:02:00| Daily apparel & textile news and comment - from just-style.com
First quarter revenue forecasts for US apparel retailers fared far worse than earnings expectations. Lululemon's earnings beat analyst expectations, while Burlington's earnings soared on robust gross margin expansion. Sears Holdings recorded an improvement with net losses narrowing thanks to cost cutting efforts, while J Crew revealed a wider net loss due to the under-performance of its women's wear division.
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Category:Consumer Goods and Services
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