earnings
confidence high
sentiment positive
materiality 0.75
Lululemon raises Q4 FY2023 revenue and EPS guidance above prior ranges
lululemon athletica inc.
- New Q4 revenue guidance $3.170B-$3.190B (14-15% YoY), up from $3.135B-$3.170B.
- Diluted EPS guided to $4.96-$5.00 vs prior $4.85-$4.93; gross margin 58.6%-58.7%.
- CFO Meghan Frank cites strong holiday season and balanced sales trends across channels and geographies.
- No change to previous SG&A or effective tax rate guidance for Q4.