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Lululemon's stock soars 13% on revenue, earnings beat

Earnings Results Last Updated: March 28, 2023 at 8:45 p.m. ET First Published: March 28, 2023 at 4:18 p.m. ET Athletic clothing retailer Lululemon Athletica Inc. reported fourth-quarter financial results on Tuesday. Getty Images Lululemon Athletica Inc.’s stock vaulted 13% in extended trading Tuesday after the clothing retailer reported quarterly results that topped analyst revenue
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Earnings Results

Athletic clothing retailer Lululemon Athletica Inc. reported fourth-quarter financial results on Tuesday.

Getty Images

Lululemon Athletica Inc.’s stock vaulted 13% in extended trading Tuesday after the clothing retailer reported quarterly results that topped analyst revenue and earnings estimates, and offered strong full-year revenue guidance.

Lululemon LULU reported fiscal fourth-quarter net earnings of $119.8 million, or 94 cents a share, compared with net earnings of $434.5 million, or $3.36 a share, in the year-ago quarter. Adjusted earnings were $4.40 a share.

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