lululemon athletica (LULU) Tops Q1 EPS by 9c, Revenue Beats, Updates Guidance

lululemon athletica (NASDAQ: LULU) reported Q1 EPS of $0.55, $0.09 better than the analyst estimate of $0.46. Revenue for the quarter came in at $650 million versus the consensus estimate of $616.31 million.

Comparable store sales increased 8%, or increased 6% on a constant dollar basis.

GUIDANCE:

lululemon athletica sees Q2 2018 EPS of $0.46-$0.48, versus the consensus of $0.45. lululemon athletica sees Q2 2018 revenue of $660-665 million, versus the consensus of $646.31 million.

lululemon athletica sees FY2018 EPS of $3.10-$3.18, versus the consensus of $3.10. lululemon athletica sees FY2018 revenue of $3.04-3.075 billion, versus the consensus of $3.02 billion.

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

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