VANCOUVER, British Columbia (AP) — VANCOUVER, British Columbia (AP) — Lululemon Athletica Inc. (LULU) on Thursday reported fiscal fourth-quarter earnings of $748.4 million.
The Vancouver, British Columbia-based company said it had profit of $6.14 per share.
The results exceeded Wall Street expectations. The average estimate of 15 analysts surveyed by Zacks Investment Research was for earnings of $5.85 per share.
The athletic apparel maker posted revenue of $3.61 billion in the period, which also topped Street forecasts. Thirteen analysts surveyed by Zacks expected $3.58 billion.
For the year, the company reported profit of $1.81 billion, or $14.64 per share. Revenue was reported as $10.59 billion.
For the current quarter ending in April, Lululemon said it expects revenue in the range of $2.34 billion to $2.36 billion.
The company expects full-year earnings to be $14.95 to $15.15 per share, with revenue ranging from $11.15 billion to $11.3 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on LULU at https://www.zacks.com/ap/LULU
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