Lululemon says Q4 revenue, profit will be below internal, analyst estimates

The front of a Lululemon Athletica store is seen in downtown Victoria, on June 9, 2013. THE CANADIAN PRESS/Jonathan Hayward

January 13, 2014 - 3:36 AM

VANCOUVER - Lululemon Athletica inc. (Nasdaq:LULU) says it now expects fourth-quarter revenue and profit will be lower than its previous estimate. The Vancouver-based fashion retailer's new revenue range is between US$513 million and US$518 million, about $22 million lower than the previous guidance. Lululemon's new estimate for diluted earnings per share is between 71 and 73 cents per share, which is seven cents below the previous guidance. Analysts had been expecting Lululemon's actual results to be slightly above the company's previous guidance.

News from © The Canadian Press, 2014

More News ...

iN RESPONSE: Readers have their say
Following are emailed reader responses to stories or letters to the editor for the third week of April 2024. They have been edited slightly for readability. Got something you want to add? Send an email to editor Marshall Jones at mjo

Fruit packers near Kelowna fined another $78,000
A fruit packing plant in the Ellison area east of Kelowna was hit with another $78,368 in fines for discharging effluent into a failed septic field. That’s now more than $110,000 in fines since 2022 for the same issue at Sandher Fruit

Penticton business set to launch cannabis consumption patio on 4/20
A Penticton cannabis retailer will be opening its consumption patio this weekend and the owner says it'll be the perfect spot for customers to safely enjoy a toke. Cannabis Cottage is hosting a launch party for its all-new designat

Thousands of short-term rentals in B.C. go back to long-term May 1
LANGLEY, B.C. - British Columbia Premier David Eby is warning real estate investors and speculators that his government is tilting the rules towards families seeking homes as it tightens the rules on short-term rentals. Eby said Thursday th

Popular penticton News

How Kamloops councillors and staff have leashed the mayor
A workplace investigation into the mayor of Kamloops and how he treats staff was so secret that the City wouldn't even acknowledge its existence. Then he handed it to reporters. Re
April 18, 2024 7:00 AM
Lemonade stand sparks overwhelming support for Kamloops family
The old adage “when life gives you lemons, make lemonade” never made more sense for a mother of three in Kamloops. Cara English’s daughter set up a lemonade stand to raise
April 17, 2024 7:00 AM
Fruit packers near Kelowna fined another $78,000
A fruit packing plant in the Ellison area east of Kelowna was hit with another $78,368 in fines for discharging effluent into a failed septic field. That’s now more than $110,000 in fi
April 18, 2024 6:00 PM
North Okanagan murder suspect tried to return to family home after release: daughter
Family of North Okanagan woman Tatjana Stefanski, who was found dead yesterday and presumed murdered, say they are dealing with grief, but also some fear and anger. In a social media post, h
April 16, 2024 1:34 PM
UPDATE: Weapons call prompts heavy police response in downtown Kamloops
Heavily-armed cops made an arrest at a downtown Kamloops motel this afternoon. RCMP were called to Canada's Best Value Inn today, April 17, where a damaged red Dodge Ram was under superv
April 17, 2024 2:02 PM

Trending Now

TRENDING NOW: Bears check out the human exhibit

View Site in: Desktop | Mobile

Lululemon says Q4 revenue, profit will be below internal, analyst estimates

Trending Now

Kamloops

Kelowna

Penticton

Vernon