Story perspectives
Lululemon Boosts Q4 Sales Forecast Amid Stock Decline
1/13/2025
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Story summary
- Lululemon Athletica increased its Q4 2024 sales forecast to $3.56-$3.58 billion, driven by strong holiday sales.
- The earnings per share (EPS) guidance rose to $5.81-$5.85, exceeding prior estimates.
- Gross margins are expected to improve by 0.3 percentage points.
- Despite these positive projections, Lululemon's stock has declined by 16% over the past year.
