Lululemon Athletica Inc. provided earnings guidance for the first quarter and full year of 2022. For the first quarter of fiscal 2022, the company expects net revenue to be in the range of $1.525 billion to $1.550 billion, representing growth of 24% to 26%. Diluted earnings per share are expected to be in the range of $1.38 to $1.43 for the quarter.
For fiscal 2022, the company expects net revenue to be in the range of $7.490 billion to $7.615 billion, representing growth of 20% to 22%. Diluted earnings per share are expected to be in the range of $9.15 to $9.35 for the year.
lululemon athletica Inc. specializes in the design and marketing of technical sportswear for men and women. The group offers pants, t-shirts, shorts, jerseys, jackets, etc. as well as accessories (socks, shoes, rugs, bags, water bottles, etc.). Net sales break down by activity as follows:
- sale in company-operated stores (47.3%): owning, as of 02/02/2025, 767 stores worldwide;
- online sale (43.2%);
- other (9.5%).
Net sales are distributed geographically as follows: the United States (61.2%), China (14.6%), Canada (13.3%), Mexico (0.3%) and other (10.6%).
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