lululemon athletica (LULU) Raises FY22 Revenue Guidance to $2.66B-$2.7B
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lululemon athletica inc. Updates Revenue and Earnings Expectations for the Fourth Quarter Ahead of the ICR Conference
January 9, 2023 6:30 AM ESTVANCOUVER, British Columbia--(BUSINESS WIRE)-- lululemon athletica inc. (NASDAQ: LULU) today announced that, for the fourth quarter of fiscal 2022, the Company now expects that net revenue will be in the range of $2.660 billion to $2.700 billion, representing a 25%-27% increase compared to the fourth quarter of fiscal 2021. The previous guidance range was $2.605 billion to $2.655 billion.
Diluted earnings per share are now expected to be in the range of $4.22 to $4.27 for the fourth quarter of fiscal 2022 compared to the Companys previous guidance range of $4.20 to $4.30.
The Company also said it now... More
