Tuesday, April 23, 2024
HomeFinancialLululemon (LULU) Q2 2022 earnings

Lululemon (LULU) Q2 2022 earnings

Pedestrians move by a Lululemon retailer.

Scott Mlyn | CNBC

Lululemon Athletica Inc. on Thursday reported quarterly earnings and income that beat analysts’ expectations.

Shares of the corporate have been up round 7% in after hours buying and selling.

Here is what the corporate reported in contrast with what Wall Avenue was anticipating, primarily based on a survey of analysts by Refinitiv:

  • Earnings per share: $2.20, adjusted, vs. $1.87 cents anticipated
  • Income: $1.87 billion vs. $1.774 billion anticipated

Internet gross sales rose 29% p.c to $1.87 billion.

This can be a growing story. Examine again for updates.

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