Lululemon Athletica inc.

NASDAQ:LULU   3:59:59 PM EDT
287.48
-5.88 (-2.00%)
4:18:42 PM EDT: $289.01 +1.53 (+0.53%)
Other Pre-Announcement

Lululemon Athletica Inc Announces First Quarter Fiscal 2022 Results

Published: 06/02/2022 20:11 GMT
Lululemon Athletica inc. (LULU) - .
Announces First Quarter Fiscal 2022 Results.
Q1 Earnings per Share $1.48.
Q1 Revenue Rose 32 Percent to $1.6 Billion.
Sees FY Earnings per Share $9.42 to $9.57 Excluding Items.
Qtrly Comparable Sales Increased 28%, Or Increased 29% on a Constant Dollar Basis.
For Q2 of 2022, Company Expects Net Revenue to Be in Range of $1.750 Billion to $1.775 Billion.
For 2022, Company Expects Net Revenue to Be in Range of $7.610 Billion to $7.710 Billion.
Sees Diluted Earnings per Share Are Expected to Be in Range of $1.89 to $1.94 in Q2.
Sees Adjusted Diluted Earnings per Share Are Expected to Be in Range of $1.82 to $1.87 in Q2.
Lululemon Athletica - Inventories at End of Q1 of 2022 Increased 74% to $1.3 Billion Compared to $0.7 Billion at End of Q1 of 2021.
Q1 Earnings per Share View $1.43, Revenue View $1.53 Billion -- Refinitiv Ibes Data (analyst estimates).
Q2 Earnings per Share View $1.77, Revenue View $1.71 Billion -- Refinitiv Ibes Data (analyst estimates).
FY2023 Earnings per Share View $9.28, Revenue View $7.54 Billion -- Refinitiv Ibes Data (analyst estimates).
Sees Adjusted Diluted Earnings per Share Are Expected to Be in Range of $9.35 to $9.50 in FY.