Lululemon Athletica Raises Fiscal Q4 Earnings, Net Revenue Guidance

MT Newswires Live
01-13

Lululemon Athletica (LULU) said Monday it now expects fiscal Q4 diluted earnings per share of $5.81 to $5.85, compared with the previous guidance range of $5.56 to $5.64.

Analysts polled by FactSet expect $5.66.

The company also lifted its fiscal Q4 net revenue outlook to a range of $3.56 billion to $3.58 billion, compared with the previous forecast of $3.48 billion to $3.51 billion.

Analysts surveyed by FactSet expect $3.47 billion.

Shares of the company were up more than 3% in recent premarket activity.

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