Lululemon Exceeds Q3 Estimates, CEO Expresses Caution For Shorter Holiday Season

Benzinga

Lululemon exceeded earnings and revenue expectations in the fiscal third quarter, outperforming analyst forecasts. CEO Calvin McDonald expressed caution for the fourth quarter due to a shorter holiday season. Lululemon projects modest revenue growth for the holiday quarter, aligning closely with analyst expectations. Its projected earnings per share slightly exceed analyst expectations at the higher end of its forecast range. Shares rose 8% in extended trading.

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00:00It's Benzinga bringing Wall Street to Main Street.

00:02Lululemon exceeded earnings and revenue expectations in the fiscal third quarter,

00:06outperforming analysts' forecasts. CEO Calvin McDonald expressed caution for the fourth quarter

00:11due to a shorter holiday season. Lululemon projects modest revenue growth for the holiday quarter,

00:16aligning closely with analysts' expectations. Its projected earnings per share slightly exceed

00:21analysts' expectations at the higher end of its forecast range. Shares rose 8% in extended

00:27trading. For all things money, visit Benzinga.com slash GSTV.

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