lululemon athletica (LULU) Tops Q1 EPS by 1c; Boosts FY15 Outlook

lululemon athletica (NASDAQ: LULU) reported Q1 EPS of $0.34, $0.01 better than the analyst estimate of $0.33. Revenue for the quarter came in at $423.5 million versus the consensus estimate of $418.86 million.

Total comparable sales, which includes comparable store sales and direct to consumer, increased by 6% for the first quarter on a constant dollar basis. Comparable store sales for the first quarter decreased by 1% on a constant dollar basis and direct to consumer revenue increased 31% on a constant dollar basis.

lululemon athletica sees Q2 2015 EPS of $0.31 - $0.33, versus the consensus of $0.34. lululemon athletica sees Q2 2015 revenue of $440 - $445 million, versus the consensus of $439.8 million.

lululemon athletica sees FY2015 EPS of $1.86 - $$1.91, versus the consensus of $1.93 and prior expectations of $1.85 - $1.90. lululemon athletica sees FY2015 revenue of $2.000 - $2.050 billion, versus the consensus of $2.02 billion and $1.970 - $2.020 billion expected with last quarter's results.

For earnings history and earnings-related data on lululemon athletica (LULU) click here.

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