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BRIEF-Lululemon Reports Q4 Results

Published 2019-03-27, 04:46 p/m
© Reuters.  BRIEF-Lululemon Reports Q4 Results
LULU
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March 27 (Reuters) - Lululemon Athletica Inc LULU.O :

* . ANNOUNCES FOURTH QUARTER AND FULL YEAR FISCAL 2018 RESULTS; BOARD OF DIRECTORS AUTHORIZES $500.0 MILLION STOCK REPURCHASE PROGRAM

* Q4 ADJUSTED EARNINGS PER SHARE $1.85

* Q4 EARNINGS PER SHARE $1.65

* SEES FY 2019 REVENUE $3.7 BILLION TO $3.74 BILLION

* SEES Q1 2019 REVENUE $740 MILLION TO $750 MILLION

* Q4 REVENUE ROSE 26 PERCENT TO $1.2 BILLION

* Q4 REVENUE ESTIMATE $911.7 MILLION -- REFINITIV IBES DATA

* Q4 EARNINGS PER SHARE ESTIMATE $1.27 -- REFINITIV IBES DATA

* SEES Q1 2019 EARNINGS PER SHARE $0.68 TO $0.70

* SEES FY 2019 EARNINGS PER SHARE $4.48 TO $4.55

* QTRLY COMPARABLE SALES INCREASE 16%, OR 17% ON A CONSTANT DOLLAR BASIS

* SEES FY 2019 TOTAL COMPARABLE SALES INCREASE IN LOW-DOUBLE DIGITS ON A CONSTANT DOLLAR BASIS

* SEES Q1 2019 TOTAL COMPARABLE SALES INCREASE IN LOW-DOUBLE DIGITS ON A CONSTANT DOLLAR BASIS

* Q1 REVENUE VIEW $743.0 MILLION -- REFINITIV IBES DATA

* FY REVENUE VIEW $3.72 BILLION -- REFINITIV IBES DATA

* INVENTORIES AT END OF FISCAL 2018 INCREASED BY 23% TO $404.8 MILLION COMPARED TO $329.6 MILLION AT END OF FISCAL 2017

* Q1 EARNINGS PER SHARE VIEW $0.67 -- REFINITIV IBES DATA

* FY EARNINGS PER SHARE VIEW $4.40 -- REFINITIV IBES DATA

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