Lululemon store in Manhattan, New York City, U.S., on July 15, 2024.
Beata Zawrzel | Nurphoto | Getty Images
Lululemon beat Wall Street expectations for fiscal fourth-quarter earnings and revenue, but issued 2025 guidance that disappointed analysts.
Shares of the apparel company fell about 6% in extended trading.
Here’s how the company did compared with what Wall Street was expecting for the quarter ended Feb. 2, based on a survey of analysts by LSEG:
- Earnings per share:Â $6.14 vs. $5.85 expected
- Revenue: $3.61 billion vs. $3.57 billion expected
Fourth-quarter revenue rose from $3.21 billion during the same period in 2023. Full-year 2024 revenue came in at $10.59 billion, up from $9.62 billion in 2023.
Lululemon’s fiscal 2024 contained 53 weeks, one week longer than its fiscal 2023. Excluding the 53rd week, fourth-quarter and full-year revenue both rose 8% year over year for 2024.
Lululemon expects first-quarter revenue to total $2.34…
