Lululemon's Q4 Earnings Soar

👉 Financial Performance:
➡️ Revenue: Q4 saw a surge to $3.2B, a 16% jump, with full-year revenue climbing 19% to $9.6B.
➡️ Diluted EPS: Leaped to $5.29 in Q4, showcasing strong profitability.

👉 Business Segments:
➡️ Americas Revenue: Increased by 9%, with comparable sales up 7%.
➡️ International Revenue: Skyrocketed 54%, with comparable sales soaring 43% on a constant dollar basis.

👉 Operational Efficiency:
➡️ Gross Margin: Expanded significantly to 59.4%, reflecting improved operational efficiency.
➡️ Operating Margin: Impressive growth to 28.5%, highlighting effective cost management.

👉 Market Expansion:
➡️ New Stores: Opened 25 net new stores in Q4, ending the year with 711 outlets.

👉 CEO Statement:
"We're thrilled with our FY2023 finale, outpacing our Power of Three ×2 strategy, thanks to our global team's drive. Looking ahead, we're excited to navigate 2024's retail landscape, introducing innovative products and engaging brand activations." - Calvin McDonald, CEO.