(AOF) – Lululemon Athletica improved by 4.19% to 397.24 dollars on the New York Stock Exchange after the publication of its quarterly accounts. The Canadian yoga apparel giant reported EPS of $2.68, versus consensus of $2.54. In the second quarter, sales for their part grew by 13%, to 2.2 billion dollars, against a consensus housed at 12.1%.
Lululemon now forecasts full-year 2023 revenue of $9.51-9.57 billion, down from a previous estimate of $9.44-9.51 billion.
The firm also expects EPS to range from $12.02 to $12.17, down from a previous range of $11.74 to $11.94.
“Our continued ability to gain market share and bring new customers to the brand illustrates the significant path ahead of Lululemon,” CEO Calvin McDonald said in a statement.
The company plans to open 23 new company-operated stores in the third quarter.
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