Lululemon Athletica's earnings of $0.32 surpass expectations, and profits are also higher than anticipated.
According to Lululemon Athletica's (NASDAQ: LULU) report, the earnings per share for the fourth quarter stood at $6.14, surpassing analysts' expectations of $5.82 by $0.32. The reported revenue for this quarter was $3.61 billion, compared to the analyst forecast of $3.57 billion.
Lululemon Athletica shares closed the day at $341.53, reflecting an 11.67% decline over the past three months and a 12.57% drop over the last year. In the last 90 days, the company reported 26 positive earnings per share and no negative earnings. Explore how Lululemon Athletica's stock price has reacted to past earnings reports. According to InvestingPro, the company's financial health score is rated as "Good performance." Review the latest earnings reports and all financial information related to Lululemon Athletica. Stay updated on all developments regarding balance sheets by visiting the Investing.com Earnings Calendar.