Shares of Lululemon Athletica ($LULU) surged nearly 1% on Monday after the company raised guidance on revenues and earnings for the fourth quarter, lifting retail sentiment. The apparel maker now expects net revenue to be between $3.

Lululemon Athletica Inc. expects fourth quarter sales to surpass the market’s expectations, showing the upscale activewear brand is fending off upstart competitors and slower growth in consumer spending.

Lululemon Athletica and Abercrombie & Fitch bumped up their current-quarter sales forecasts on Monday, underscoring a stronger-than-anticipated shopping period in the United States as customers hunt for the best bargains.