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Lululemon Athletica | 8-K: LULULEMON ATHLETICA INC. ANNOUNCES THIRD QUARTER FISCAL 2024 RESULTS BOARD OF DIRECTORS AUTHORIZES $1.0 BILLION INCREASE IN ITS STOCK REPURCHASE PROGRAM

Lululemon Athletica | 8-K: LULULEMON ATHLETICA INC. ANNOUNCES THIRD QUARTER FISCAL 2024 RESULTS BOARD OF DIRECTORS AUTHORIZES $1.0 BILLION INCREASE IN ITS STOCK REPURCHASE PROGRAM

Lululemon Athletica | 8-K:LULULEMON ATHLETICA INC.公佈2024財年第三季度業績董事會授權其股票回購計劃增加10億美元
美股SEC公告 ·  12/06 05:15

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On December 5, 2024, Lululemon Athletica reported its Q3 2024 financial results, showing a 9% YoY revenue increase to $2.4 billion and a 12% rise in gross profit to $1.4 billion. Diluted EPS reached $2.87, up from $1.96 in Q3 2023. The company added 28 new stores, ending the quarter with 749 locations.The board approved a $1 billion increase in the stock repurchase program, bringing the total authorization to $1.8 billion. During Q3, Lululemon repurchased 1.6 million shares for $408.5 million. The repurchase program has no time limit and depends on market conditions.For Q4 2024, Lululemon expects revenue between $3.475 billion and $3.510 billion, with EPS ranging from $5.56 to $5.64. The company aims for $12.5 billion in revenue by 2026 under its Power of Three ×2 growth plan.
On December 5, 2024, Lululemon Athletica reported its Q3 2024 financial results, showing a 9% YoY revenue increase to $2.4 billion and a 12% rise in gross profit to $1.4 billion. Diluted EPS reached $2.87, up from $1.96 in Q3 2023. The company added 28 new stores, ending the quarter with 749 locations.The board approved a $1 billion increase in the stock repurchase program, bringing the total authorization to $1.8 billion. During Q3, Lululemon repurchased 1.6 million shares for $408.5 million. The repurchase program has no time limit and depends on market conditions.For Q4 2024, Lululemon expects revenue between $3.475 billion and $3.510 billion, with EPS ranging from $5.56 to $5.64. The company aims for $12.5 billion in revenue by 2026 under its Power of Three ×2 growth plan.
2024年12月5日,Lululemon Athletica公佈了其2024年第三季度財務業績,顯示收入同比增長9%至24億美元,毛利增長12%,至14億美元。攤薄後的每股收益達到2.87美元,高於2023年第三季度的1.96美元。該公司增加了28家新門店,在本季度末共有749家門店。董事會批准將股票回購計劃增加10億美元,使總授權額達到18億美元。在第三季度,Lululemon以4.085億美元的價格回購了160萬股股票。回購計劃沒有時間限制,取決於市場狀況。Lululemon預計,2024年第四季度的收入在34.75億美元至35.10億美元之間,每股收益在5.56美元至5.64美元之間。根據其 「三之力」 ×2增長計劃,該公司的目標是到2026年實現125億美元的收入。
2024年12月5日,Lululemon Athletica公佈了其2024年第三季度財務業績,顯示收入同比增長9%至24億美元,毛利增長12%,至14億美元。攤薄後的每股收益達到2.87美元,高於2023年第三季度的1.96美元。該公司增加了28家新門店,在本季度末共有749家門店。董事會批准將股票回購計劃增加10億美元,使總授權額達到18億美元。在第三季度,Lululemon以4.085億美元的價格回購了160萬股股票。回購計劃沒有時間限制,取決於市場狀況。Lululemon預計,2024年第四季度的收入在34.75億美元至35.10億美元之間,每股收益在5.56美元至5.64美元之間。根據其 「三之力」 ×2增長計劃,該公司的目標是到2026年實現125億美元的收入。
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