lululemon athletica (NASDAQ:LULU) updated its fourth quarter earnings guidance on Wednesday. The company provided earnings per share guidance of $1.19-1.22 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.17. The company issued revenue guidance of $870-885 million, compared to the consensus revenue estimate of $869.64 million.
Shares of lululemon athletica (LULU) traded down $0.86 on Wednesday, reaching $66.36. The company had a trading volume of 1,859,400 shares, compared to its average volume of 2,600,474. lululemon athletica has a 52 week low of $47.26 and a 52 week high of $72.70. The stock has a market cap of $9,100.31, a price-to-earnings ratio of 30.83, a P/E/G ratio of 2.49 and a beta of 0.19.
lululemon athletica (NASDAQ:LULU) last announced its quarterly earnings data on Wednesday, December 6th. The apparel retailer reported $0.56 earnings per share for the quarter, topping the consensus estimate of $0.52 by $0.04. lululemon athletica had a return on equity of 22.51% and a net margin of 11.68%. The company had revenue of $619.00 million during the quarter, compared to analyst estimates of $610.56 million. During the same quarter last year, the firm posted $0.50 EPS. The firm’s revenue for the quarter was up 13.7% on a year-over-year basis. sell-side analysts expect that lululemon athletica will post 2.43 EPS for the current fiscal year.
About lululemon athletica
lululemon athletica inc. is a designer, distributor and retailer of athletic apparel. The Company operates through two segments: Company-operated stores and Direct to consumer. It is also engaged in the sale from outlets, showrooms, sales from temporary locations, sales to wholesale accounts, warehouse sales, and license and supply arrangements.
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