Earnings

Lululemon (LULU) earnings Q3 2023

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Black Friday shoppers at a Lululemon store at the Garden State Plaza in New Jersey.

Mike Calia | CNBC

Lululemon on Thursday said it saw strong third-quarter demand and a positive start to the holiday shopping season, but the retailer’s shares fell in extended trading after it gave a tepid fourth-quarter outlook.

Here’s how the company did in its third fiscal quarter, compared with what Wall Street was expecting, based on a survey of analysts by LSEG, formerly known as Refinitiv.

  • Earnings per share: $2.53 adjusted vs. $2.28 expected
  • Revenue: $2.20 billion vs. $2.19 billion expected

The company’s reported net income for the three-month period that ended Oct. 29 was $249 million, or $1.96 per…



Source cnbc.com

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