(RTTNews) - Lululemon Athletica Inc. (LULU) reported a profit for its fourth quarter that increased from last year and beat the Street estimates.
The company's earnings totaled $748.40 million, or $6.14 per share. This compares with $669.47 million, or $5.29 per share, last year.
Analysts on average had expected the company to earn $5.87 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 12.7% to $3.611 billion from $3.205 billion last year.
Lululemon Athletica Inc. earnings at a glance (GAAP) :
-Earnings: $748.40 Mln. vs. $669.47 Mln. last year. -EPS: $6.14 vs. $5.29 last year. -Revenue: $3.611 Bln vs. $3.205 Bln last year.
-Guidance: Next quarter EPS guidance: $2.53 to $2.58 Next quarter revenue guidance: $2.335 to $2.355 Bln
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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