lululemon athletica (LULU) Updates Q4 Earnings Guidance
lululemon athletica (NASDAQ:LULU) issued an update on its fourth quarter earnings guidance on Wednesday morning. The company provided earnings per share guidance of $1.19-1.22 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.17. The company issued revenue guidance of $870-885 million, compared to the consensus revenue estimate of $869.64 million.
lululemon athletica (NASDAQ LULU) traded down $0.86 during trading on Wednesday, reaching $66.36. The company’s stock had a trading volume of 1,859,400 shares, compared to its average volume of 2,600,474. lululemon athletica has a 52 week low of $47.26 and a 52 week high of $72.70. The firm has a market cap of $9,100.31, a PE ratio of 30.83, a price-to-earnings-growth ratio of 2.49 and a beta of 0.19.
lululemon athletica (NASDAQ:LULU) last posted its quarterly earnings data on Wednesday, December 6th. The apparel retailer reported $0.56 earnings per share for the quarter, topping analysts’ consensus estimates of $0.52 by $0.04. lululemon athletica had a return on equity of 22.51% and a net margin of 11.68%. The company had revenue of $619.00 million during the quarter, compared to analysts’ expectations of $610.56 million. During the same period last year, the firm earned $0.50 EPS. The firm’s revenue for the quarter was up 13.7% on a year-over-year basis. research analysts predict that lululemon athletica will post 2.43 EPS for the current fiscal year.
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lululemon athletica Company Profile
lululemon athletica inc. is a designer, distributor and retailer of athletic apparel. The Company operates through two segments: Company-operated stores and Direct to consumer. It is also engaged in the sale from outlets, showrooms, sales from temporary locations, sales to wholesale accounts, warehouse sales, and license and supply arrangements.
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