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Lululemon Athletica forecasts first-quarter income above estimates


March 30 (Reuters)Lululemon Athletica Inc LULU.O forecast first-quarter income above analysts’ estimates on Tuesday, because it expects sustained demand for leggings and sports activities bras from shoppers searching for snug home-exercise attire.

Lululemon mentioned it expects first-quarter income of $1.10 billion to $1.13 billion, in contrast with analysts’ common estimate of $999.5 million, in keeping with IBES knowledge from Refinitiv.

(Reporting by Uday Sampath and Mehr Bedi in Bengaluru; Enhancing by Vinay Dwivedi)

((UdaySampath.Kumar@thomsonreuters.com; inside U.S.+1 646 223 8780; Twitter: https://twitter.com/sampath_uday ;))

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