Lululemon Athletica (NASDAQ:LULU) issued an update on its fourth quarter 2018 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of $1.64-1.67 for the period, compared to the Thomson Reuters consensus estimate of $1.65. The company issued revenue guidance of $1.115-1.125 billion, compared to the consensus revenue estimate of $1.12 billion.Lululemon Athletica also updated its FY 2018 guidance to $3.65-3.68 EPS.
NASDAQ LULU opened at $113.87 on Friday. The stock has a market cap of $17.40 billion, a price-to-earnings ratio of 43.97, a price-to-earnings-growth ratio of 1.90 and a beta of 0.37. Lululemon Athletica has a one year low of $72.13 and a one year high of $164.79.
Lululemon Athletica (NASDAQ:LULU) last posted its earnings results on Thursday, December 6th. The apparel retailer reported $0.75 EPS for the quarter, beating analysts’ consensus estimates of $0.69 by $0.06. The business had revenue of $747.70 million for the quarter, compared to the consensus estimate of $736.10 million. Lululemon Athletica had a net margin of 12.63% and a return on equity of 29.73%. The company’s revenue for the quarter was up 20.8% on a year-over-year basis. During the same quarter last year, the firm posted $0.56 EPS. As a group, equities research analysts expect that Lululemon Athletica will post 3.59 earnings per share for the current fiscal year.
Lululemon Athletica Company Profile
lululemon athletica inc., an athletic apparel company, together with its subsidiaries, designs, distributes, and retails athletic apparel and accessories for women, men, and female youth. It operates through two segments, Company-Operated Stores and Direct to Consumer. The company offers pants, shorts, tops, and jackets for healthy lifestyle and athletic activities, such as yoga, running, and training, as well as other sweaty pursuits; and athletic wear for female youth.
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