lululemon athletica (LULU) Tops Q1 EPS by 32c, FY Guidance Tops Views

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lululemon athletica inc. Announces First Quarter Fiscal 2023 Results

June 1, 2023 4:05 PM EDT

Revenue increased 24% to $2.0 billion

Comparable sales increased 14%, or increased 17% on a constant dollar basis

Diluted EPS of $2.28

VANCOUVER, British Columbia--(BUSINESS WIRE)-- lululemon athletica inc. (NASDAQ: LULU) today announced financial results for the first quarter of fiscal 2023.

Calvin McDonald, Chief Executive Officer, stated: "We are pleased with our solid start to the year, delivering strong financial performance and continued momentum. Our results reflect the strength of our guest relationships, our innovative products and how our brand resonates... More