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Lululemon Athletica | 8-K: lululemon Announced Revenue and Earnings Expectations for the Fourth Quarter Ahead of the ICR Conference

Lululemon Athletica | 8-K:lululemon Athletica公布2023财年第四季度收入和盈利预期

SEC announcement ·  01/08 00:00
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On January 8, 2024, Lululemon Athletica Inc. released a press statement revising its revenue and earnings projections for the fourth fiscal quarter of 2023, which ends on January 28, 2024. The company now anticipates net revenue to be between $3.170 billion and $3.190 billion, marking a 14% to 15% increase from the same quarter the previous year, up from the previously forecasted range of $3.135 billion to $3.170 billion. Diluted earnings per share (EPS) are expected to be in the range of $4.96 to $5.00, an increase from the earlier guidance of $4.85 to $4.93. Gross margin projections have also been raised to 58.6% to 58.7%, compared to the prior estimate of 58.3% to 58.6%. The company's guidance for selling, general, and administrative expenses and the effective tax rate remains unchanged. Chief Financial Officer Meghan Frank expressed satisfaction with the company's holiday season performance, attributing the positive results to the strong customer response to Lululemon's product offerings. The company's sales trends have been balanced across various channels, categories, and geographies. Lululemon management is scheduled to meet with analysts and investors at the ICR Conference from January 8-10, 2024.
On January 8, 2024, Lululemon Athletica Inc. released a press statement revising its revenue and earnings projections for the fourth fiscal quarter of 2023, which ends on January 28, 2024. The company now anticipates net revenue to be between $3.170 billion and $3.190 billion, marking a 14% to 15% increase from the same quarter the previous year, up from the previously forecasted range of $3.135 billion to $3.170 billion. Diluted earnings per share (EPS) are expected to be in the range of $4.96 to $5.00, an increase from the earlier guidance of $4.85 to $4.93. Gross margin projections have also been raised to 58.6% to 58.7%, compared to the prior estimate of 58.3% to 58.6%. The company's guidance for selling, general, and administrative expenses and the effective tax rate remains unchanged. Chief Financial Officer Meghan Frank expressed satisfaction with the company's holiday season performance, attributing the positive results to the strong customer response to Lululemon's product offerings. The company's sales trends have been balanced across various channels, categories, and geographies. Lululemon management is scheduled to meet with analysts and investors at the ICR Conference from January 8-10, 2024.
2024年1月8日,Lululemon Athletica Inc.发布了一份新闻声明,修改了其2023年第四财季的收入和收益预测,该财季将于2024年1月28日结束。该公司现在预计净收入将在31.70亿美元至31.90亿美元之间,比去年同期增长14%至15%,高于先前预测的31.35亿美元至31.70亿美元。摊薄后的每股收益(EPS)预计将在4.96美元至5.00美元之间,较先前的4.85美元上涨至4.93美元。毛利率预测也已上调至58.6%至58.7%,而先前的估计为58.3%至58.6%。该公司对销售、一般和管理费用以及有效税率的指导方针保持不变。首席财务官梅根·弗兰克对公司的假日季表现表示满意,将积极的业绩归因于客户对Lululemon产品的强劲反应。该公司的销售趋势在不同的渠道、类别和地域之间取得了平衡。Lululemon管理层计划在2024年1月8日至10日的ICR会议上与分析师和投资者会面。
2024年1月8日,Lululemon Athletica Inc.发布了一份新闻声明,修改了其2023年第四财季的收入和收益预测,该财季将于2024年1月28日结束。该公司现在预计净收入将在31.70亿美元至31.90亿美元之间,比去年同期增长14%至15%,高于先前预测的31.35亿美元至31.70亿美元。摊薄后的每股收益(EPS)预计将在4.96美元至5.00美元之间,较先前的4.85美元上涨至4.93美元。毛利率预测也已上调至58.6%至58.7%,而先前的估计为58.3%至58.6%。该公司对销售、一般和管理费用以及有效税率的指导方针保持不变。首席财务官梅根·弗兰克对公司的假日季表现表示满意,将积极的业绩归因于客户对Lululemon产品的强劲反应。该公司的销售趋势在不同的渠道、类别和地域之间取得了平衡。Lululemon管理层计划在2024年1月8日至10日的ICR会议上与分析师和投资者会面。
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