holidayquarter

A Lululemon sign is seen at a shopping mall in San Diego, California, November, 23, 2022.Mike Blake | ReutersLululemon on Tuesday reported strong holiday-quarter sales, suggesting wealthier shoppers are still purchasing yoga pants and tops despite rising prices for essential goods.The company also issued upbeat guidance for its new fiscal year.related investing newsShares of Lululemon jumped 11% in after-hours trading following the report. Through Tuesday's close, the stock is about flat for the year, putting the…

Macy's flagship store in Herald Square in New York, Dec. 23, 2021.Scott Mlyn | CNBCMacy's on Friday warned its holiday-quarter sales will come in on the lighter side, saying consumers' budgets are under pressure and that it anticipates that squeeze to continue into this year.The department store operator said net sales are now expected to be at the low- to mid-point of its previously expected range of $8.16 billion to $8.4 billion. It expects adjusted diluted earnings per share to be in the previously issued range of…