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Lululemon Athletica Inc. (NASDAQ:LULU) shares slipped in Tuesday’s extended trading after the company released its fourth-quarter earnings report and issued fiscal year guidance below estimates.
- LULU stock is moving. Watch the price action here.
The Details: Lululemon Athletica reported quarterly GAAP earnings of $5.01 per share, which beat the consensus estimate of $4.79, according to Benzinga Pro data.
Quarterly revenue came in at $3.64 billion, which beat the analyst estimate of $3.59 billion and was up from $3.61 billion in the same period last year.
Lululemon reported the following fourth quarter and year-over-year metrics:
- Net revenue increased 1% to $3.6 billion, or was flat on a constant dollar …
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