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Shocking 10% Drop in Lululemon Shares: Here’s the Data You Need to Know

Lululemon’s shares plummeted over 10% in extended trading after the company released its fiscal fourth-quarter results. Despite surpassing Wall Street’s expectations for the quarter ending February 2, with revenue reaching $3.61 billion and a net income of $748 million, or $6.14 per share, the company’s 2025 guidance fell short of analyst predictions. Fourth-quarter revenue increased from $3.21 billion in 2023, while full-year 2024 revenue hit $10.59 billion, up from $9.62 billion the previous year. Excluding the 53rd week, both fourth-quarter and full-year revenue grew by 8% year over year. Lululemon anticipates first-quarter revenue between $2.34 billion and $2.36 billion, below the expected $2.39 billion. For 2025, the company projects revenue of $11.15 billion to $11.30 billion, slightly under the consensus estimate of $11.31 billion. Earnings per share for the first quarter are expected to be $2.53 to $2.58, compared to the anticipated $2.72, with full-year earnings per share forecasted at $14.95 to $15.15, against the expected $15.31. Comparable sales rose 3% year over year, missing the expected 5.1%, with flat growth in the Americas and a 20% increase internationally.

Source: www.cnbc.com

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