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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公佈2023財年第四季度收入和盈利預期

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.發佈了一份新聞聲明,修改了其2023年第四財季的收入和收益預測,該財季將於2024年1月28日結束。該公司現在預計淨收入將在31.70億美元至31.90億美元之間,比去年同期增長14%至15%,高於先前預測的31.35億美元至31.70億美元。攤薄後的每股收益(EPS)預計將在4.96美元至5.00美元之間,較先前的4.85美元上漲至4.93美元。毛利率預測也已上調至58.6%至58.7%,而先前的估計爲58.3%至58.6%。該公司對銷售、一般和管理費用以及有效稅率的指導方針保持不變。首席財務官梅根·弗蘭克對公司的假日季表現表示滿意,將積極的業績歸因於客戶對Lululemon產品的強勁反應。該公司的銷售趨勢在不同的渠道、類別和地域之間取得了平衡。Lululemon管理層計劃在2024年1月8日至10日的ICR會議上與分析師和投資者會面。
2024年1月8日,Lululemon Athletica Inc.發佈了一份新聞聲明,修改了其2023年第四財季的收入和收益預測,該財季將於2024年1月28日結束。該公司現在預計淨收入將在31.70億美元至31.90億美元之間,比去年同期增長14%至15%,高於先前預測的31.35億美元至31.70億美元。攤薄後的每股收益(EPS)預計將在4.96美元至5.00美元之間,較先前的4.85美元上漲至4.93美元。毛利率預測也已上調至58.6%至58.7%,而先前的估計爲58.3%至58.6%。該公司對銷售、一般和管理費用以及有效稅率的指導方針保持不變。首席財務官梅根·弗蘭克對公司的假日季表現表示滿意,將積極的業績歸因於客戶對Lululemon產品的強勁反應。該公司的銷售趨勢在不同的渠道、類別和地域之間取得了平衡。Lululemon管理層計劃在2024年1月8日至10日的ICR會議上與分析師和投資者會面。
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