Welcome to Seeking Alpha's Wall Street Breakfast, where we cover the top news for investors every morning.

Good morning. Today is Friday, December 6th. I'm Julie Morgan. We're talking about love today, and I don't mean the airline stock, but retail earnings.

Lulu Lemon, Alta, and Victoria's Secret, too, are on our list of the biggest movers of the day pre-market.

Lulu Lemon delivered solid quarterly results.

Lulu is up 9% in pre-market action with better than expected profit and sales,

and double-digit comparable sales growth in its international markets.

Lulu earned a profit of $2.87 up from $1.96 a year ago and 15 cents above expectations.

Revenue increased 9% to $2.4 billion, 40 million above estimates. Comparable sales remained soft in the U.S.

falling 2% from the same quarter last year, but were offset by a 25% surge in international

sales, resulting in a 4% increase in comparable sales across all segments. Comparable sales for

all three segments were better than expected.

Looking ahead to the remainder of the year, Lulu Lemon is counting on a strong holiday season to

underpin sales for both Q4 and 2024. For Q4, Lulu Lemon is targeting revenue of $3.475 billion to

$3.51 billion, representing growth of 8 to 10%,

with earnings expected to be between $5.56 to $5.64 per share, both of which bracket the consensus

estimates of $3.5 billion and $5.62 per share. The company also raised its fiscal year 24 guidance above Wall Street's expectations

and raised its share buyback program by another billion dollars.

Alta Beauty turned around an ugly second quarter with a strong third quarter performance

as the company's efforts to reinforce its

market position and re-engage customers gains traction. The cosmetics retailer realized gains in both

sales and profits and turned negative comparable sales in Q2 into a gain of 0.6% in Q3, better than

expectations for another contraction of 2%. The company earned a profit of $5.14 per share up from $5.7

...