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- Company news: lululemon athletica’s (LULU) quarterly results beat analysts’ forecasts
Company news: lululemon athletica’s (LULU) quarterly results beat analysts’ forecasts
lululemon athletica (LULU) reported Q4 FY2024 earnings of $6.14 per share (versus $5.29 per share in Q4 FY2023), beating analysts’ consensus estimate of $5.85 per share.
The company’s quarterly revenues amounted to $3.600 bln (+12.3% y/y), beating analysts’ consensus estimate of $3.577 bln.
The company also issued downside guidance for Q1 FY2025, seeing EPS of $2.53-$2.58 versus analysts’ consensus estimate of $2.72 and revenues of $2.335-$2.355 bln versus analysts’ consensus estimate of $2.39 bln.
For the full FY2025, lululemon athletica predicted EPS of $14.95-$15.15 versus analysts’ consensus estimate of $15.37 and revenues of $11.15-$11.30 bln versus analysts’ consensus estimate of $11.3 bln.
LULU fell to $298.75 (-12.53%) in pre-market trading.
