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Lululemon's earnings top estimates on strong sales, but retailer won't offer outlook due to coronavirus pandemic

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इंडिया ताज़ा खबर,इंडिया मुख्य बातें

Lululemon's earnings top estimates, but it won't provide outlook due to coronavirus

The athletic apparel maker is not providing a 2020 outlook, due to the uncertainty around COVID-19.

Here's how the company did during the fourth quarter compared with what analysts were expecting, based on Refinitiv data:Net income rose to $298 million, or $2.28 per share, from $218.5 million, or $1.65 a share, a year ago. That was better than the $2.24 per share analysts were expecting it to earn, based on Refinitiv data.

Same-store sales overall were up 20%, the company said. Digital sales surged 41% during the quarter. Men's revenue was up 32%, and women's was up 17%.

 

आपकी टिप्पणी के लिए धन्यवाद। आपकी टिप्पणी समीक्षा के बाद प्रकाशित की जाएगी।

I'm still questioning $200 a share, seems crazy.

हमने इस समाचार को संक्षेप में प्रस्तुत किया है ताकि आप इसे तुरंत पढ़ सकें। यदि आप समाचार में रुचि रखते हैं, तो आप पूरा पाठ यहां पढ़ सकते हैं। और पढो:

 /  🏆 12. in İN

इंडिया ताज़ा खबर, इंडिया मुख्य बातें

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