Lululemon Athletica Q4 2024 GAAP EPS $5.29 Beats $4.97 Estimate, Sales $3.205B Beat $3.194B Estimate
Portfolio Pulse from Benzinga Newsdesk
Lululemon Athletica reported Q4 2024 earnings of $5.29 per share, surpassing the consensus estimate of $4.97. Sales reached $3.205B, also beating the estimate of $3.194B.
March 21, 2024 | 8:05 pm
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POSITIVE IMPACT
Lululemon Athletica's Q4 2024 earnings and sales exceeded analyst expectations, indicating strong financial performance.
Beating both earnings and sales estimates typically leads to positive investor sentiment and can result in a short-term stock price increase. The significant beat on earnings per share (EPS) and the slight beat on sales forecasts highlight Lululemon's strong performance and operational efficiency, likely boosting investor confidence.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100