lululemon athletica inc. Announces Fourth Quarter and Full Year Fiscal 2019 Results
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lululemon athletica (LULU) Misses Q4 EPS by 39c, Revenues Beat; Will Not Provides FY20 Guidance
March 26, 2020 4:07 PM EDTlululemon athletica (NASDAQ: LULU) reported Q4 EPS of $1.85, $0.39 worse than the analyst estimate of $2.24. Revenue for the quarter came in at $1.4 billion versus the consensus estimate of $1.38 billion.
For the fourth quarter ended February 2, 2020:
Net revenue was $1.4 billion, an increase of 20% compared to the fourth quarter of fiscal 2018.Total comparable sales increased 20%.Comparable store sales increased 9%.Direct to consumer net revenue increased 41%.Gross profit was $810.8 million, an increase of 21% compared to the... More