lululemon athletica (LULU) Tops Q4 EPS by 29c, Offers Guidance

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lululemon athletica inc. Announces Fourth Quarter and Full Year Fiscal 2023 Results

March 21, 2024 4:05 PM EDT

Fourth quarter revenue increased 16% to $3.2 billion. Diluted EPS of $5.29

Full year revenue increased 19% to $9.6 billion. Diluted EPS of $12.20, adjusted EPS of $12.77

VANCOUVER, British Columbia--(BUSINESS WIRE)-- lululemon athletica inc. (NASDAQ: LULU) today announced financial results for the fourth quarter and fiscal year ended January 28, 2024.

Calvin McDonald, Chief Executive Officer, stated: "We are pleased with the strong finish to our 2023 fiscal year and continue to be ahead of our Power of Three ×2 strategy. During the fourth quarter, we saw continued momentum across our... More