News Formal

Lululemon's sales, earnings beat as digital business accelerates

  • 📰 CNBC
  • ⏱ Reading Time:
  • 32 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 72%

Italia Notizia Notizia

Italia Ultime Notizie,Italia Notizie

EARNINGS: Lululemon reports Q4 results that beat estimates as its digital business accelerates. -EPS: $2.58 adj. vs. $2.49 expected -Revenue: $1.73 billion vs. $1.66 billion expected

Lululemon on Tuesday offered an upbeat outlook for sales during the current quarter and for the year, anticipating consumer demand for its sweat-wicking leggings and sports bras will continue.

It also offered an upbeat outlook for sales during the current quarter and the year, anticipating consumer demand for its sweat-wicking leggings and sports bras will continue.Here's how Lululemon did during the quarter ended Jan. 31 compared with what analysts were expecting, based on a poll by Refinitiv:Revenue: $1.73 billion vs. $1.66 billion expected

Its revenue spiked roughly 24% to $1.73 billion from $1.4 billion a year earlier. That topped expectations for $1.66 billion. "We are still in the early innings of our growth, fueled by exciting innovations," CEO Calvin McDonald said in a statement.

 

Grazie per il tuo commento. Il tuo commento verrà pubblicato dopo essere stato esaminato.

Everyone needs sweats since we are working from home and they stretch to expand to our larger 'remote working' waists. This was to be expected.

Abbiamo riassunto questa notizia in modo che tu possa leggerla velocemente. Se sei interessato alla notizia puoi leggere il testo completo qui. Leggi di più:

 /  🏆 12. in İT

Italia Ultime Notizie, Italia Notizie

Similar News:Puoi anche leggere notizie simili a questa che abbiamo raccolto da altre fonti di notizie.

Burger King parent's earnings beat estimates as systemwide sales top 2019 levelsRestaurant Brands International reported quarterly earnings that topped Wall Street's expectations as its systemwide sales surpassed 2019 levels. thanks Too bad Well at least they have the impossible burger, a step forward for the planet, oh and they're good too.
Fonte: CNBC - 🏆 12. / 72 Leggi di più »

Siemens ups profit and sales guidance again as earnings beat forecastsSiemens raised its full-year profit and sales guidance on Friday for the second time this year, after the German conglomerate beat earnings forecasts. good luck
Fonte: CNBC - 🏆 12. / 72 Leggi di più »

Intel stock falls despite earnings beat, as data-center sales slump more than 20%Intel Corp. shares fell in the extended session Thursday despite a big earnings beat and a raised annual forecast, as a large dip in data-center sales was...
Fonte: MarketWatch - 🏆 3. / 97 Leggi di più »

After Lululemon earnings, charts point to ‘key technical juncture’ for the stockLululemon was under pressure after the bell Tuesday following earnings. Matt Maley of Miller Tabak breaks down the charts.
Fonte: CNBC - 🏆 12. / 72 Leggi di più »