lululemon athletica (LULU) Tops Q2 EPS by 4c, FY Guidance Tops Views
(Updated - August 31, 2017 4:10 PM EDT)
lululemon athletica (NASDAQ: LULU) reported Q2 EPS of $0.39, $0.04 better than the analyst estimate of $0.35. Revenue for the quarter came in at $581.1 million versus the consensus estimate of $567.33 million.
- Total comparable sales increased 7%, or increased by 7% on a constant dollar basis.
GUIDANCE:
lululemon athletica sees FY2017 EPS of $2.35-$2.42, versus the consensus of $2.16. lululemon athletica sees FY2017 revenue of $2.545-2.595 million.
- total comparable sales increase in the low-single digits on a constant dollar basis.
lululemon athletica sees Q3 EPS of $0.50-$0.52 vs $0.52 consensus. lululemon athletica sees FY2017 revenue of $605-615 million vs $608 million consensus.
- total comparable sales increase in the mid-single digits on a constant dollar basis.
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