Investing.com - Lululemon Athletica (NASDAQ:LULU) reported on Tuesday fourth quarter earnings that beat analysts' forecasts and revenue that was inline with expectations.
Lululemon Athletica announced earnings per share of $3.37 on revenue of $2.13B. Analysts polled by Investing.com anticipated EPS of $3.27 on revenue of $2.13B.
Lululemon Athletica shares are down 11% from the beginning of the year and are trading at $361.07 , down-from-52-week-high.They are under-performing the Nasdaq 100 which is down 6.62% from the start of the year.
Lululemon Athletica shares gained 4.97% in after-hours trade the report.
Lululemon Athletica follows other major Consumer Discretionary sector earnings this month
Lululemon Athletica's report follows an earnings beat by Nike on Monday, March 21, 2022, who reported EPS of $0.87 on revenue of $10.87B, compared to forecasts EPS of $0.7126 on revenue of $10.6B.
Volkswagen 1/10 ADR had missed expectations on Thursday, March 10, 2022 with first quarter EPS of $0.8718 on revenue of $69.79B, compared to forecast for EPS of $0.8751 on revenue of $69.78B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar