LULU - Lululemon Q4 Earnings: Revenue Beat EPS Beat Shares Slide On Weak Q1 Guidance | Benzinga
Lululemon Athletica Inc (NASDAQ:LULU) reported fiscal fourth-quarter earnings Thursday after the market close. Here’s a look at the key metrics from the quarter.
Q4 Earnings: Lululemon’s fourth-quarter revenue increased 16% year-over-year to $3.205 billion, which beat the consensus estimate of $3.194 billion, according to Benzinga Pro. The athleisure company reported quarterly earnings of $5.29 per share, which beat analyst estimates of $4.97 per share.
Americas net revenues increased 9% year-over-year, international revenues were up 54% year-over-year and total comparable sales were up 12% year-over-year.
Lululemon opened 25 new company-operated stores during the third quarter, bringing its total store count ...