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Lululemon Athletica ( (LULU) ) has shared an update.
Lululemon Athletica Inc. reported a 13% increase in fourth-quarter revenue to $3.6 billion and a full-year revenue increase of 10% to $10.6 billion, with diluted earnings per share of $6.14 and $14.64 respectively. The company’s performance exceeded expectations, driven by product innovation and the resilience of its brand, as it continues to focus on its growth strategy, ‘Power of Three ×2,’ into 2025.
More about Lululemon Athletica
Lululemon Athletica Inc. operates in the athletic apparel industry, focusing on designing and retailing technical athletic clothes for yoga, running, and other physical activities. The company is known for its innovative products and strong market presence, primarily targeting fitness enthusiasts and active lifestyle consumers.
YTD Price Performance: -9.27%
Average Trading Volume: 1,613,749
Technical Sentiment Signal: Hold
Current Market Cap: $42.87B
For detailed information about LULU stock, go to TipRanks’ Stock Analysis page.