Lululemon Athletica Inc. Provides Earnings Guidance for the Second Quarter and Full Year of 2022
June 02, 2022 at 04:05 pm EDT
Lululemon Athletica Inc. provided earnings guidance for the second quarter and full year of 2022. For the quarter, the company expects net revenue to be in the range of $1.750 billion to $1.775 billion, representing a three-year compound annual growth rate of approximately 26%. Diluted earnings per share are expected to be in the range of $1.89 to $1.94.
For the full year, the company expects net revenue to be in the range of $7.610 billion to $7.710 billion, representing a three-year compound annual growth rate of 24% to 25%. Diluted earnings per share are expected to be in the range of $9.42 to $9.57.