Shares of Luluemon Athletica Inc. fell after hours on Thursday after the athleisure-wear maker forecast full-year sales that were below Wall Street's expectations.
lululemon Athletica Inc (NASDAQ:LULU) shares moved almost 7% lower afterhours as weak guidance from the athletic apparel brand overshadowed better-than-expected financial results for the holiday quarter. For the first quarter of fiscal 2025, lululemon expects earnings per share (EPS) in the range of $2.53 to $2.58, missing Street estimates of $2.74.
Lululemon Athletica's outlook missed Wall Street's estimates though a strong holiday season and new product launches buoyed its fiscal fourth-quarter results ahead of expectations.
Lululemon Athletica forecast annual revenue and profit below estimates on Thursday, as the lack of newer styles has been pushing customers to look for products from competitors such as Alo Yoga and Vuori.
Lululemon Athletica is scheduled to report its fiscal fourth-quarter results after the market closes Thursday. Here is what you need to know:
Zach Warring returns to Morning Trade Live and offers a closer look into Lululemon's (LULU) financials ahead of its after-hours earnings report. He expects guidance to take investors' focus as the company grows its footprint in China.
Lululemon Athletica Inc. LULU will report its fourth-quarter earnings on Thursday. Wall Street expects $5.85 in EPS and $3.57 billion in revenues when the company reports after market hours.
Lululemon Athletica Inc. LULU will release its fourth-quarter financial results after the closing bell on Thursday, March 27.
Lululemon earnings, US GDP forecast, and jobless claims data take center stage today, offering key insights for stock market sentiment and indices outlook.
Lululemon LULU+0.13% Athletica will post a strong holiday quarter if Wall Street is right. The guidance for this fiscal year is still up for debate.
Fourth quarter results from Lululemon (LULU) will highlight this week's earnings lineup with the apparel retailer set to release its Q4 report after-market hours on Thursday, March 27.
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