Lululemon's Q4 net revenue reaches $3.64 billion, analysts expected $3.58 billion
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Quarter 4 overall same-store sales (excluding currency effects) increased by 2%, while analysts expected a growth of 1.75%. Quarter 4 US same-store sales (excluding currency effects) declined by 2%, with analysts expecting a decrease of 4.09%. Quarter 4 international same-store sales (excluding currency effects) increased by 16%, analysts expected a growth of 11.4%. Quarter 4 earnings per share (EPS) were $5.01, analysts expected $4.78. Former Levis Strauss CEO Chip Bergh has joined the company's board of directors. Full-year net revenue is expected to be $11.35-11.5 billions, analysts expected $11.5 billions. First quarter net revenue is expected to be $2.4-2.43 billions, analysts expected $2.48 billions.
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