Lululemon exceeds Q4 earnings but disappoints with 2025 guidance, shares drop 10%

From CNBC: 2025-03-27 16:59:00

Lululemon exceeded Q4 earnings and revenue expectations but disappointed with 2025 guidance due to consumer spending concerns. CEO Calvin McDonald cited economic and inflation worries impacting traffic. Shares dropped over 10% in after-hours trading. Q4 revenue increased to $3.61 billion, with full-year 2024 revenue at $10.59 billion. Comparable sales rose 3% year over year.



Read more at CNBC:: Lululemon (LULU) earnings Q4 2024