BUZZ-Lululemon falls after downbeat annual forecasts

Reuters
03-28
BUZZ-Lululemon falls after downbeat annual forecasts

** Shares of sportswear maker Lululemon Athletica LULU.O fall 6.7% to $318.52 after the bell

** LULU expects FY2025 revenue between $11.15 billion and $11.30 billion, below analysts' average estimate of $11.31 billion, according to data compiled by LSEG

** Expects annual diluted earnings per share between $14.95 and $15.15, also below estimate of $15.30 per share

** Posts Q4 revenue of $3.6 billion, vs estimate of $3.57 billion

** Up to last close, stock had fallen 10.7% YTD

(Reporting by Juby Babu in Mexico City)

((Juby.Babu@thomsonreuters.com;))

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