Track the companies that matter to you. It's FREE! Click one of these fan favorites to get started: Apple; Google; Ford.



Lululemon Q4 Net Rises; Guidance Cut on Pants Error

Watch stocks you care about

The single, easiest way to keep track of all the stocks that matter...

Your own personalized stock watchlist!

It's a 100% FREE Motley Fool service...

Click Here Now

Lululemon athletica's  (NASDAQ: LULU  ) results for Q4 and 2012 have been released. For the quarter, net revenue advanced 31% on a year-over-year basis, to $485.5 million. Net profit also increased, landing at $109.4 million ($0.75 per diluted share) from Q4 2011's $73.5 million ($0.51), for a gain of nearly 50%.

That per-share net profit in the most recent quarter beat the average analyst estimate by $0.01.

For the full year, top line was $1.4 billion, 37% higher than the year-ago figure of $1.0 billion. Net income grew 47%, to $270.6 million ($1.85 per diluted share). The 2011 bottom line was $184.1 million ($1.27).

Lululemon also updated its Q1 and 2013 guidance following a large-scale recall of yoga pants announced earlier this week, which will negatively impact revenue and earnings. The company cut its expectations for Q1, to $333 million-$343 million in net revenue, and diluted EPS of $0.28-$0.30. For the full year, these were sliced to $1.615 billion-$1.640 billion, and $1.95-$1.99, respectively.

Read/Post Comments (0) | Recommend This Article (0)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Compare Brokers

Fool Disclosure

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2326184, ~/Articles/ArticleHandler.aspx, 9/25/2016 8:18:35 PM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Today's Market

updated 1 day ago Sponsored by:
DOW 18,261.45 -131.01 -0.71%
S&P 500 2,164.69 -12.49 -0.57%
NASD 5,305.75 -33.78 -0.63%

Create My Watchlist

Go to My Watchlist

You don't seem to be following any stocks yet!

Better investing starts with a watchlist. Now you can create a personalized watchlist and get immediate access to the personalized information you need to make successful investing decisions.

Data delayed up to 5 minutes

Related Tickers

9/23/2016 4:00 PM
LULU $65.19 Down -0.54 -0.82%
Lululemon Athletic… CAPS Rating: ***