Here's our initial take on Lululemon Athletica's (LULU 1.18%) fiscal 2024 fourth-quarter financial report.
Shares of apparel retailer Lululemon Athletica (LULU) sank early Friday as a soft outlook outweighed an estimate-topping fourth quarter reported after the bell Thursday.
Lululemon Athletica shares fell nearly 13% in premarket trading on Friday, after the sportswear maker provided downbeat annual forecasts as the broader apparel space battles an uneven consumer demand environment.
Lululemon Athletica Inc. (NASDAQ:LULU ) Q4 2024 Earnings Conference Call March 27, 2025 4:30 PM ET Company Participants Howard Tubin - VP, IR Calvin McDonald - CEO Meghan Frank - CFO Conference Call Participants Alex Straton - Morgan Stanley Brooke Roach - Goldman Sachs Dana Telsey - Telsey Group Lorraine Hutchinson - Bank of America Matthew Boss - JPMorgan Janine Stichter - BTIG Aneesha Sherman - Bernstein Michael Binetti - Evercore John Kernan - TD Cowen Paul Lejuez - Citi Research Ike Boruchow - Wells Fargo Jay Sole - UBS Operator Thank you for standing by. This is the conference operator.
Stock markets remain in a range of -2% to -4% from a month ago, and next week when April 2nd tariffs hit, we'll start seeing some of the dust settle.
Although the revenue and EPS for Lululemon (LULU) give a sense of how its business performed in the quarter ended January 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Lululemon (LULU) came out with quarterly earnings of $6.14 per share, beating the Zacks Consensus Estimate of $5.85 per share. This compares to earnings of $5.29 per share a year ago.
The activewear company said it expects sales of $11.15 billion to $11.3 billion for its fiscal 2025, the high-end of which is in line with analyst views.
Lululemon Athletica's (LULU) fourth quarter earnings beat expectations, but the company missed expectations on its first quarter outlook. Bernstein senior analyst Aneesha Sherman joins Market Domination Overtime to break down the company's results and path forward.
Upscale athletic apparel specialist Lululemon Athletica (LULU 1.18%) reported fourth-quarter 2024 earnings on Thursday, March 27, that topped analysts' consensus expectations. Earnings per share (EPS) was an impressive $6.14, eclipsing the $5.85 estimate.
Dana Telsey, Telsey Advisory Group CEO, joins 'Closing Bell Overtime' to talk Lululemon earnings.
Lululemon reported earnings and revenue beats for its fourth-quarter earnings on Thursday. But the retailer's 2025 guidance came in below expectations.