Welcome to See King Alpha's Wall Street breakfast, where we cover the top news for investors every morning.

Good morning. Today is Friday, December 8th. I'm Julie Morgan.

Lulu Lemon's guidance for the holiday four-case. December 8th, I'm Julie Morgan.

Lulu Lemon's guidance for the holiday forecast

is not what analysts were expecting.

Yellow could have been revived,

and Amazon is testing out a new grocery offering.

Lulu Lemon Athletica's guidance for the holiday quarter

came in below the consensus expectation of analysts,

which caused the stock to drop in after hours trading on Thursday.

Pre-market today, Lulu is down 2.7%.

Looking ahead, the company expects Q4 revenue to be in the range of $3.135 billion to $3.17 billion

versus a consensus of $3.18 billion.

EPS is expected to fall in the range of $4.85 to $4.95 to $4.94 for the holiday quarter versus the $4.94

for the holiday quarter versus the $4.94 consensus. For3, comparable sales at stores were up 13% during the quarter or 14% on a constant currency basis.

Total revenue was up 18.3% during the quarter on a constant dollar basis, led by a 49% jump in international markets and a 12% gain in North America.

Gross margin was 58.1 percent of revenue versus 55.9 percent a year ago.

Lulu opened 14 net new company operated stores during the quarter to end with a store count of 686.

Yellow, the bankrupt trucking company, has rejected a bid by another transport company that could have led it to come back to life with some of its employees.

The Wall Street Journal reported that yellow attorneys sent a letter to Jack Cooper Transport,

which was spearheading the effort that its offer was not viable.

As a result, Yellow will move ahead with the sale of its assets.

...