lululemon athletica (LULU) Tops Q3 EPS by 5c, Offers Q4 Guidance

lululemon athletica (NASDAQ: LULU) reported Q3 EPS of $0.75, $0.05 better than the analyst estimate of $0.70. Revenue for the quarter came in at $747.7 million versus the consensus estimate of $737.45 million.

Total comparable sales increased 17%, or increased 18% on a constant dollar basis.

• Comparable store sales increased 6%, or increased 7% on a constant dollar basis.
• Direct to consumer net revenue increased 44%, or increased 46% on a constant dollar basis.

GUIDANCE:

lululemon athletica sees Q4 2018 EPS of $1.64-$1.67, versus the consensus of $1.65. lululemon athletica sees Q4 2018 revenue of $1.115-1.125 billion, versus the consensus of $1.12 billion.

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

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