Lululemon Athletica Inc Reports Q3 Revenue Rose 28 Percent To $1.9 Billion

Published on December 08, 2022 04:34 PM EST

Lululemon Athletica Inc Reports Q3 Revenue Rose 28 Percent To $1.9 Billion — Image source: ©2022 Kalkine Media®

Dec 8 (Reuters) - Lululemon Athletica Inc:

* . ANNOUNCES THIRD QUARTER FISCAL 2022 RESULTS

* SEES FY EARNINGS PER SHARE $9.94 TO $10.04 EXCLUDING ITEMS

* Q3 REVENUE ROSE 28 PERCENT TO $1.9 BILLION

* Q3 EARNINGS PER SHARE $2.00

* QTRLY TOTAL COMPARABLE SALES INCREASED 22%, OR 25% ON A CONSTANT DOLLAR BASIS

* Q3 EARNINGS PER SHARE VIEW $1.97, REVENUE VIEW $1.81 BILLION -- REFINITIV IBES DATA

* INVENTORIES AT END OF Q3 OF 2022 INCREASED 85% TO $1.7 BILLION COMPARED TO $0.9 BILLION AT END OF Q3 OF 2021

* SEES Q4 NET REVENUE TO BE IN RANGE OF $2.605 BILLION TO $2.655 BILLION

* Q4 REVENUE VIEW $2.65 BILLION -- REFINITIV IBES DATA

* FY2022 EARNINGS PER SHARE VIEW $7.69, REVENUE VIEW $6.30 BILLION -- REFINITIV IBES DATA Source text for Eikon: Further company coverage:

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