Pedestrians wearing protective masks walk past a Lululemon store in San Francisco, California, on Monday, March 29, 2021.
David Paul Morris | Bloomberg | Getty Images
Lululemon on Tuesday reported revenue and profit for the holiday quarter that topped analysts’ estimates, boosted by the athletic apparel maker’s online business, and double-digit sales growth in both its women’s and men’s divisions.
Its shares were up less than 1% in afterhours trading.
Here’s how Lululemon did during the quarter ended Jan. 31 compared with what analysts were expecting, based on a poll by Refinitiv:
- Earnings per share: $2.58 vs. $2.49 expected
- Revenue: $1.73 billion vs. $1.66 billion expected
Its shares are down about 8% year to date, as of Tuesday’s market close. Lululemon has a market cap of $41.3 billion.
Find the press release from Lululemon here.
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