Lululemon Athletica Inc. announced that it now expects its net revenue and diluted earnings per share for the fourth quarter of fiscal 2025 to be toward the high end of its previously provided guidance. The company had earlier projected net revenue in the range of $3.500 billion to $3.585 billion and diluted earnings per share between $4.66 and $4.76. This update reflects strong performance over the holiday period. Lululemon confirmed that there are no changes to its previous guidance for gross margin, selling, general and administrative expenses, or effective tax rate.
Lululemon shares rose 2% on the news.
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