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Lululemon earnings Q4 2018



Lululemon shares rose 9 percent after the market closed Wednesday as fiscal fourth quarter earnings and sales analyst estimates.

8.5 million, or $ 1.65 per share, from $ 119.8 million or 88 cents per share. Excluding merchandise, the dealer earned $ 1.85 per share. shar e topping estimates of $ 1.74 per share.

Strong sales in the holiday season helped the company's peak estimates reach its goal of exceeding $ 1 billion earlier than expected, revenue rising to $ 1.17 billion from $ 928 million in the quarter

Sales in stores open at least 12 months increased by 16 percent, in line with estimates, after adjusting for exchange rate fluctuations, the same store sales increased by 17 percent, both measures excluding revenue from the last week of fiscal 2018.

I Accounting 2019, the company's earnings of between $ 4.48 and $ 4.55 per share, ahead of $ 4.40 per share, expected analysts, Lululemon expects revenues of $ 3.70 billion and $ 3.74 billion, higher than the $ 3.27 billion forecast.

For the first quarter, Lululemon expects to see sales between $ 740 million and $ 750 million, in line with estimates of $ 743 million. They see earnings per share between 68 and 70 cents, somewhat higher than 67 per cent expectation.

The dealer also announced a $ 500 million buy-back program.

The Vancouver-based company's shares are up over 80 percent over the past twelve months and more than 20 percent this year, more than doubling the S&P 500 Retail ETFs (XRT) growth of about 8.5 percent.

Lululemon's expansion in men's clothing contributed to revenue growth in the third quarter, with the highest category increasing overall.

Earlier this month, Lululemon announced that former Philadelphia Eagles Superbowl quarterback Nick Foles signed on as the brand's first men's ambassador.


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