lululemon athletica (LULU) Tops Q1 EPS by 1c; Boosts FY15 Outlook

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lululemon athletica inc. Announces First Quarter Fiscal 2015 Results

June 9, 2015 5:30 AM EDT

VANCOUVER, British Columbia--(BUSINESS WIRE)-- lululemon athletica inc. (NASDAQ: LULU) today announced financial results for the first quarter ended May 3, 2015.

For the first quarter ended May 3, 2015:

Net revenue for the quarter increased 10% to $423.5 million from $384.6 million in the first quarter of fiscal 2014. Total comparable sales, which includes comparable store sales and direct to consumer, increased by 6% for the first quarter on a constant dollar basis. Comparable store sales for the first quarter decreased by 1% on a constant dollar basis and direct to consumer revenue... More