lululemon athletica (LULU) Tops Q4 EPS by 10c, Offers Strong Guidance
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lululemon (LULU) Stock Jumps 7% on Q4 Beat and Raise, $1B Buyback
March 29, 2022 4:56 PM EDTlululemon athletica (NASDAQ: LULU) shares were trading around 7% higher after-hours following the companys reported Q4 results, with EPS of $3.37 coming in better than the consensus estimate of $3.27.
Revenue grew 23% year-over-year to $2.1 billion, slightly below the consensus estimate of $2.13 billion. North America's revenue grew 21% and... More
lululemon athletica (LULU) Announces $1B Share Buyback, Reports Q4 Results
March 29, 2022 4:05 PM EDTlululemon 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 first time, and successfully achieved our Power of Three growth target ahead of schedule. This was especially impressive given the challenging macro backdrop. We are entering the new... More
