lululemon (LULU) Tops Q2 Views; Comps Up 31%; Guides Q3, Raises FY11 Outlook

September 10, 2010 7:17 AM EDT
lululemon athletica (Nasdaq: LULU) reports Q2 EPS of $0.30, 6 cents better than the analyst estimate of $0.24. Revenue for the quarter was $152.2 million, which compares to the estimate of $145.89 million.

Comps up 31%.

Sees Q3 sales of $155-$160 million, vs. the consensus of $151.45 million. Sees Q3 EPS of 22-24c, vs. the Street estimate of 23c.

Raises its FY11 EPS guidance from $1.05-$1.10 to $1.18-$1.22, which compares to the Street estimate of $1.16. Sees sales of $645-$650 million, vs. the consensus of $635.15 million.


Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Earnings, Guidance, Hot List, Retail Sales