Lululemon: Fiscal Q2 Earnings Snapshot
By AP News
Published - Aug 29, 2024, 04:12 PM ET
Last Updated - Aug 29, 2024, 04:12 PM EDT
VANCOUVER, British Columbia (AP) — VANCOUVER, British Columbia (AP) — Lululemon Athletica Inc. (LULU) on Thursday reported fiscal second-quarter earnings of $392.9 million.
The Vancouver, British Columbia-based company said it had net income of $3.15 per share.
The results beat Wall Street expectations. The average estimate of 15 analysts surveyed by Zacks Investment Research was for earnings of $2.92 per share.
The athletic apparel maker posted revenue of $2.37 billion in the period, missing Street forecasts. Thirteen analysts surveyed by Zacks expected $2.4 billion.
