The bottom line tumbled 22% in the fourth quarter to $586,871,000 from $748,403,000, on 1% higher revenues that came in at $3,640,801,000 against $3,611,497,000, and would have been flat on a constant currency basis. All results were negatively impacted by several percentage points due to LULU’s financial calendar, which gave 2024’s Q4 and full year an extra week compared to last year. E-commerce sales increased 5%, outpacing brick-and-mortar sales, which dipped by the same percentage.

Calvin McDonald stepped down from the CEO post at the end of the fiscal year on Jan. ... Log in to view full article.