Loading...
Loading...
Lululemon Athletica
LULU reported a 49% rise in its second-quarter profit.
Lululemon's quarterly profit climbed to $57.2 million, or $0.39 per share, versus $38.4 million, or $0.26 per share, in the year-earlier period. Its adjusted profit came in at $0.34 per share.
Its net revenue rose to $282.6 million from $212.3 million. However, analysts were expecting earnings of $0.31 per share on sales of $282.6 million.
Lululemon projects Q3 profit of $0.34 to $0.36 per share, versus analysts' estimates of $0.33 per share.
Lululemon shares dropped 4.31% to $65.64 in pre-market trading.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
---|
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in