Lululemon Stock Slides After Q4 Report: Here's Why

Lululemon Athletica Inc. (NASDAQ:LULU) shares slipped in Tuesday's extended trading after the company released its fourth-quarter earnings report and issued fiscal year guidance below estimates. LULU stock is moving. Watch the price action here. The Details: Lululemon Athletica reported quarterly GAAP earnings of $5.01 per share, which beat the consensus estimate of $4.79, according to Benzinga Pro data. Quarterly revenue came in at $3.64 billion, which beat the analyst estimate of $3.59 billion and was up from $3.61 billion in the same period last year. Lululemon reported the following fourth quarter and year-over-year metrics: Net revenue increased 1% to $3.6 billion, or was flat on a constant dollar basis. Americas net revenue decreased 4%, or 5% on a constant dollar basis. International net revenue increased 17%, or 14% on a constant dollar basis. Excluding net revenue from the 53rd week of 2024, net revenue increased 6%, or 4% on a constant dollar basis. Comparable sales increased 3%, or 2% on a constant dollar basis. Americas comparable sales decreased 1%, or 2% on a constant dollar basis. International comparable sales increased 20%, or 16% on a constant dollar basis. “We are pleased to achieve fourth quarter revenue and EPS results ahead of our expectations,” said Meghan Frank, Interim co-CEO and CFO. “As we begin our new fiscal year, we are focused on executing on our action plan, offering new and differentiated products to our guests, and elevating their experiences with Lululemon,” Frank added. Outlook: Lululemon expects fiscal 2026 GAAP EPS of $12.10 to $12.30, versus the $12.67 analyst estimate, and revenue in a range of $11.35 billion to $11.5 billion, versus the $11.53 billion estimate. LULU Stock Price: According to data from Benzinga Pro, Lululemon stock fell 1.43% to $157 in Tuesday's extended trading. Photo: Shutterstock