lululemon athletica (LULU) shares plunge despite earnings, revenue beat

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Go back to lululemon athletica (LULU) shares plunge despite earnings, revenue beat

lululemon athletica inc. Announces Third Quarter Fiscal 2022 Results

December 8, 2022 4:05 PM EST

Revenue increased 28% to $1.9 billion
Comparable sales increased 22%, or increased 25% on a constant dollar basis
Diluted EPS of $2.00

VANCOUVER, British Columbia--(BUSINESS WIRE)-- lululemon athletica inc. (NASDAQ: LULU) today announced financial results for the third quarter of fiscal 2022.

Calvin McDonald, Chief Executive Officer, stated: "In the third quarter, we continued to deliver strong and balanced results across the business, demonstrating the significant potential for our brand. Our ongoing momentum is a testament to our innovative products, deep community relationships, and... More