lululemon (LULU) Tops Q2 Views; Guides Q3

lululemon athletica Inc. (Nasdaq: LULU) reports Q2 EPS of $0.13, 3 cents better than the analyst estimate of $0.10. Revenue for the quarter was $97.7 million, versus the consensus of $88.20 million.

Same store sales fell 2% during the quarter.

Sees Q3 EPS of $0.11-$0.13 on sales of $95-$100 million. The Street is currently looking for Q3 EPS and sales of $0.12 and $89.50 million, respectively. Same store sales are expected to be relatively unchanged during the quarter.

UPDATE: Click here to see some highlights from the company's Q2 conference call.

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