04:30 PM EDT, 03/21/2024 (MT Newswires) -- Lululemon Athletica ( LULU ) reported fiscal Q4 net income Thursday of $5.29 per diluted share, up from $0.94 a year earlier.

Analysts polled by Capital IQ expected $5.03.

Net revenue in the quarter ended Jan. 28 was $3.21 billion, up from $2.77 billion a year earlier.

Analysts surveyed by Capital IQ expected $3.20 billion.

The company said it expects fiscal Q1 diluted earnings of $2.35 to $2.40 a share on revenue of $2.18 billion to $2.20 billion. Analysts surveyed by Capital IQ expect EPS of $2.60 on revenue of $2.26 billion.

The company expects full-year adjusted diluted earnings of $14 to $14.20 a share on revenue of $10.70 billion to $10.80 billion. Analysts surveyed by Capital IQ expect normalized EPS of $14.29 on revenue of $10.94 billion.

Lululemon shares were down 9% in recent after-hours activity.

Price: 435.9, Change: -42.94, Percent Change: -8.97