lululemon athletica (LULU) Announces $1B Share Buyback, Reports Q4 Results

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Go back to lululemon athletica (LULU) Announces $1B Share Buyback, Reports Q4 Results

lululemon athletica inc. Announces Fourth Quarter and Full Year Fiscal 2021 Results; Board of Directors Authorizes $1.0 Billion Stock Repurchase Program

March 29, 2022 4:05 PM EDT

Fourth quarter revenue increased 23% to $2.1 billion
Comparable sales increased 22%
Diluted EPS of $3.36, Adjusted EPS of $3.37

VANCOUVER, British Columbia--(BUSINESS WIRE)-- lululemon athletica inc. (NASDAQ: LULU) today announced financial results for the fourth quarter and fiscal year ended January 30, 2022.

Calvin McDonald, Chief Executive Officer, stated: "2021 was another successful year for lululemon, which speaks to the enduring strength of our brand and our ability to deliver sustained growth across the business. We are proud that we passed the $6 billion in annual revenue milestone for the... More