UPDATE: Lululemon Q4 Net Profit Up 48%

Lululemon Athletica LULU reported a 48% rise in its fourth-quarter profit. Lululemon's quarterly earnings surged to $109.4 million, or $0.75 per share, versus $73.9 million, or $0.51 per share, in the year-ago period. However, analysts expected a profit of $0.74 per share. Its revenue rose 31% to $485.5 million, versus analysts' estimates of $482 million. Its same-store sales climbed 10%. For its current fiscal year, Lululemon expects net revenue of $1.62 billion to $1.64 billion and earnings of $1.95 to $1.99 per share. Lululemon shares gained 0.81% to $64.40 in pre-market trading.
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Date
ticker
name
Actual EPS
EPS Surprise
Actual Rev
Rev Surprise
Posted In: EarningsNewsGuidanceApparel, Accessories & Luxury GoodsConsumer Discretionaryprofit
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!