Lululemon Athletica inc. (NASDAQ:LULU) witnessed a significant 8.06% rise, rising up by a significant 4.72 units lately. The company revealed its net revenue and holistic earnings’ expectation tally for Q4 2014 for the quarter that ended on February 2015.
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LULU’s Revenue And Earnings Estimates
LULU expects to garner revenue in the whopping margin of $595 and $600 million. It expects the sales to increase comparably by 6-7% on the basis of constant dollars. Previously, the company had come up with a net guidance that estimated revenue to be in the range of $570 and $585 million. Hence, the latest guidance is indeed a cause of revelry for the existing stake holders and is a clarion call to those who are yet to purchase the shares of LULU.
Besides, the company expects earnings per share to be in the range of $0.71 and $0.73, higher than the previous estimate of $0.65-$0.69 per share. Lululemon Athletica inc. (NASDAQ:LULU)’s EPS guidance is deemed to assume 142.6 million shares (diluted, weighted-average) at a high tax rate of 30.2%. The trends are affirmative and speaks volumes about LULU’s prospects entering 2015, on a high note.
Leadership Shall Show The Way
The CEO of LULU, Laurent Potdevin commented that the guests are responding fully well to the assortment of products for men and women, and the senior leadership team of LULU is nearing the completion. He added that Lululemon Athletica inc. (NASDAQ:LULU) expects and is sure that this year would be prosperous and would act as a watershed to substantial growth and development, and summate implementation of a myriad of strategies.
CEO Eyes Profound Growth In FY 2016
Potdevin considers that the momentum of seamless growth and development is already attained, and the talented team would take relentless marches to drive the business prospects of Lululemon Athletica inc. (NASDAQ:LULU) forward, with sumptuous improvements underway, in a disciplined and strategically sound way. At the current premise, the CEO hopes to see the operating margin augment and profits soar in FY 2016. Certainly, such a premise is ideal for taking a call for investments in a bid to acquire sumptuous profits.