Lululemon Sees FY23 Adj. EPS $12.34-$12.42, Net Revenue $9.549B-$9.584B
Portfolio Pulse from Benzinga Newsdesk
Lululemon anticipates adjusted earnings per share (EPS) for fiscal year 2023 to be between $12.34 and $12.42, with net revenue projected to be between $9.549 billion and $9.584 billion.
December 07, 2023 | 9:08 pm
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Lululemon projects a strong fiscal year 2023 with adjusted EPS of $12.34-$12.42 and net revenue estimates of $9.549B-$9.584B.
The guidance provided by Lululemon indicates a positive outlook for the company's financial performance in fiscal year 2023. This is likely to be perceived positively by investors and could lead to an increase in the stock price in the short term, as it suggests growth and profitability.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100