Lululemon Q4 Earnings: Revenue, EPS Beat, Shares Slide On Soft Guidance

Lululemon Athletica Inc (NASDAQ:LULU) reported financial results for the fourth quarter aftermarket close on Thursday. Here’s a rundown of the athletic apparel company’s report.

Q4 Earnings: Lululemon reported fourth-quarter revenue of $3.61 billion, beating the consensus estimate of $3.57 billion. The company reported fourth-quarter earnings of $6.14 per share, beating analyst estimates of $5.85 per share, according to Benzinga Pro.

Total revenue was up 13% on a year-over-year basis as Americas net revenue increased 7% and international revenue climbed 38%. Total comparable sales increased 3% year-over-year.

Lululemon's total store count was 767 at quarter's end after opening 18 net new company-operated stores during the quarter. Inventories were up 9% year-over-year ...